Shepherd Neame acquire prominent pub site in the heart of Castle Hill, Ebbsfleet, Garden CityRead More
Cambourne is now an established new settlement to the west of Cambridge. MCA, the consortium vehicle between Taylor Wimpey and Bovis, achieved outline planning in 1994 for 3,300 new dwellings together with a range of commercial and social uses; in 2011 permission was granted for an additional 950 homes.
Newcrest established a joint venture with MCA in 2012 with the objective to design and develop a range of the area’s commercial uses. Being able to develop a strategy over multiple parts of the commercial allocation allowed Newcrest to put a viable set of plans in place. As an established settlement with well over 3,000 dwellings occupied, local residents have become critical stakeholders and a major voice in the commercial provision.
The growth of Cambourne has been slow and steady and it is well over 20 years since the grant of outline planning; the planning and design of a number of the commercial components have become fundamental to the residents, the local authority and MCA.
As part of Newcrest’s continuing strategy, over 22,000 square feet of retail space has already been completed. A further 9,000 square feet is planned with around 40 apartments, which will establish scale and mass on the so far minimally developed high street. In addition, on a gateway site, a hotel and family pub are planned, together with a smaller convenience store in Upper Cambourne acting as a satellite location to the high street. Through Newcrest’s strategic approach and knowledge of occupier requirements, value has been, and will continue to be, generated for residents and landowners alike.