Carden Group is privately owned and managed by Steve Morgan, founder and former chairman of Redrow, Will Heath, former Redrow group development director, and Harry Aubrey-Fletcher, landowner and former director at Taylor Wimpey. The trio been employed by together for a lot more than 15 years through various business associations and collaborations.
Their new company is run from offices in Cheshire and Buckinghamshire.
The mission would be to get planning permission for farmers along with other landowners to build up housing.
Carden has recently acquired its first site a 220-acre parcel of agricultural land near Exeter. Planning has been submitted for Treasbeare Garden Village, with the plans to provide 1,000 new homes, a neighbourhood centre, a primary school, allotments, sports pitches and a pavilion.
The business says that it’s also near acquiring two further sites, which between them would deliver 1,100 homes.
Leader Will Heath said: Developing land in the united kingdom is becoming increasingly challenging, with significant degrees of red-tape, protracted lead-in times and substantial degrees of capital necessary to secure planning permission. With this industry-leading experience, flexible business design and substantial cash reserves we are able to have a flexible approach that reflects landowners circumstances, making decisions quickly with no need for external funding.
Our focus is on buying freehold land with future development prospect of larger residential-led projects requiring substantial capital investment and expertise, whether draft or allocated sites, or land with long run prospects. The target is to deliver top quality placemaking and thriving new communities. Once planning permission is achieved, the land will be sold to local, regional or national housebuilders who share exactly the same values.
Will Heath can be leader of Bridgemere Group and chairman of Castle Green Homes, a privately owned north-west based housebuilder currently building 300 homes each year. Steve Morgan is involved with both of these business too.
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