Developer Bails Out Of Eco Town!
Developer O&H announced in the press last week that they were to pull out of the UK governments Eco-Town planning process for their Marston Vale project. Instead, the developer stated that they were to proceed using the normal planning application process. The mid-Bedfordshire project was to see 20,000 carbon-neutral homes built on green belt land with existing villages whose residents put up fierce resistance to the original scheme. The area is adjacent to the stalled Wixams project, which is developers' Gallagher plan for 4,500 homes based on a 4 village scheme with supporting schools, commercial and transport infrastructure. Housing demand and the economic outlook will add further delays to these projects. Key to all future discussions will be the ability of the builders to construct the highest eco-quality homes to meet new planning regulations at prices that will still allow the builders and developers to make money on their investment in face of falling land and house prices and satisfy the general publics demands.Mark Harrison