Harworth Group PLC Planning secured at Ironbridge (8307M)
September 24 2021 - 1:00AM
UK Regulatory
TIDMHWG
RNS Number : 8307M
Harworth Group PLC
24 September 2021
Harworth Group plc
("Harworth" or the "Company")
Planning secured for 1,000-home mixed use development in
Ironbridge, Shropshire
Harworth Group plc, a leading regenerator of land and property
for development and investment, is pleased to announce that
Shropshire Council's Southern Planning Committee has resolved to
grant planning permission for the regeneration of the former
Ironbridge Power Station in Shropshire into a mixed-use development
comprising up to 1,000 new homes, alongside a range of commercial,
leisure and community uses. This follows a resolution to grant
planning permission for the development from Telford & Wrekin
Council in May 2021.
The 350-acre former Ironbridge Power Station site was acquired
by Harworth in June 2018 from Uniper plc, having previously been
used for electricity generation for over 80 years. Located less
than a mile from the Ironbridge Gorge World Heritage Site, the site
is bordered by the River Severn to the north and an extensive area
of ancient woodland to the south.
Harworth held its first public consultation event at the site in
October 2018 and used stakeholder feedback to create an
illustrative masterplan for the site. In June 2019, Harworth
commenced demolition works to remove the former power station
buildings and associated infrastructure, which included the
demolition of the power station's four cooling towers later that
year. The outline planning application for the development was
submitted in December 2019, alongside a separate application to
extract up to 1.9 million tonnes of sand and gravel as part of the
site preparation works.
The proposed development will deliver up to 1,000 new homes, in
addition to a retirement village, up to 200,000 sq ft of employment
space comprising offices and light industrial units, and a local
centre offering convenience retail and other services. The plans
will also provide a range of community amenities such as
allotments, sports pitches, and a new primary school. In addition,
the former power station's 1930s pumphouse will be retained as part
of the proposals and transformed into a flexible space for
community and leisure uses.
The provision of green infrastructure is central to Harworth's
masterplan. The development will include a comprehensive network of
off-road walking and cycling routes to enable active travel choices
and provide connectivity to the surrounding area, and Harworth is
currently exploring opportunities to bring the old railway link to
the site back into use. The plans will also provide extensive green
space such as pocket parks, play areas and vegetation throughout
the public realm, and several new attenuation ponds, which will
offer enhanced protection for local wildlife.
Site preparation works are ongoing, with demolition works due to
be substantially complete by the end of this year. The development
will then be delivered in phases over 10 to 15 years.
Lynda Shillaw, Chief Executive of Harworth, commented : "Our
masterplan for Ironbridge Power Station will create a sustainable
mixed-use community that draws on the area's industrial history and
reflects its proximity to a World Heritage Site. In addition to
1,000 new homes and employment space, the site will deliver new
community infrastructure and extensive green space, benefiting
residents and the wider environment.
This decision marks a significant milestone for Harworth, taking
our total residential pipeline to over 10,000 consented plots for
the first time. Together with over 18,000 potential further plots
identified across our strategic land sites, this represents a
significant driver of long-term value for the business. Demand for
our serviced residential plots, as well as our industrial and
logistics space, remains very strong, reflecting the structural
tailwinds across our end markets."
For further information
Harworth Group plc
Lynda Shillaw (Chief Executive) T: +44 (0114) 349 3131
Kitty Patmore (Chief Financial Officer) E: investors@harworthgroup.com
Tom Loughran (Head of Investor & Stakeholder
Relations)
FTI Consulting
Dido Laurimore T: +44 (0)20 3727 1000
Richard Gotla E: Harworth@fticonsulting.com
Eve Kirmatzis
About Harworth
Listed on the Premium Segment of the Main Market, Harworth Group
plc (LSE: HWG) is a leading sustainable regenerator of land and
property for development and investment which owns, develops and
manages a portfolio of over 15,000 acres of land on around 100
sites located throughout the North of England and Midlands. The
Group specialises in the regeneration of large, complex sites, in
particular former industrial sites, into new residential and
industrial & logistics developments. Visit
www.harworthgroup.com for further information.
LEI: 213800R8JSSGK2KPFG21
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