Terra has agreed terms with a private landowner to purchase a 11Ha (27.3-acre) site in the Lincolnshire market town of Boston.
A hybrid planning application is currently being prepared for a £67m mixed-use development featuring 315 new homes and a care home.
The site has an expired Outline Planning Approval, granted in 2016 by Boston Borough Council. Terra’s hybrid application will be a detailed submission for the first phase of 100 homes, with the proposed care home and the balance of the additional 215 residential units covered by an outline plan.
Jordan Langdon-Bates, Land and Development Director of Terra Strategic said: “With so many employment opportunities close by, Boston is an attractive and affordable place to live. The scale of this well-located site will enable the creation of a high quality new community of eco-efficient modern homes within easy reach of town centre amenities and local schooling.
“This immediately available site could help to meet South East Lincolnshire’s annual housing targets at a time when there is a considerable shortfall in the number of new homes being built across the UK. We are looking forward to working with Boston Borough Council’s Officers, Local Councillors and all stakeholders to move forward with our plans.”
Terra has appointed Nottingham-based planning and design specialists Nineteen47 to draw up the fresh plans for the scheme. A range of two-bedroom apartments, bungalows, and two-, three- and four-bedroom houses will be proposed.
