RNS Number : 8191B
Inland PLC
03 November 2009
 



INLAND PLC


Important Planning Application



Inland is pleased to advise that it has today submitted a planning application to the London Borough of Hillingdon for the redevelopment of the site of the National Air Traffic Control centre in West Drayton, Middlesex, less than 2 miles from Heathrow airport.


The planning application is for 775 homes including 271 family houses as well as employment space, a healthcare centre and nursing home.


The development which is on a 31 acre site will be set in a highly landscaped setting and be known as Drayton Garden Village. The application has its own website www.draytongardenvillage.com


As previously announced this development is held in a joint venture where Inland is entitled to a minimum of 35% and a maximum of 90% of the net profit subject to certain financial criteria.



Stephen Wicks, C.E.O. of Inland plc commented:


This is one of the largest brownfield sites remaining in the London area and the planning application is the result of 12 months intense work by our in house team led by Land Director, Paul Brett.


The site has an adopted planning brief produced by Hillingdon Borough and our proposals accord with the aspirations of the local people as well as the Planning Authority. We expect to achieve a planning consent within 6 months.


I believe that Drayton Garden Village will be a highly profitable scheme for Inland as well as setting new standards of sustainability and a benchmark for how brownfield development should be approached. 




Enquiries:


Inland Plc

Stephen Wicks, Chief Executive                                       01494 762450

Nishith Malde, Finance Director


KBC Peel Hunt, Nominated Adviser and Broker

Julian Blunt                                                                           0207 4188900


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