Developer named for major Cheltenham mixed-use scheme

St. Modwen has been chosen by Midlands Land Portfolio Limited (MLPL), the property development arm of Severn Trent (represented by CBRE), as its development partner for a 154-acre site to the west of Cheltenham, which is part of a wider mixed-use development known as The Golden Valley Development.

The site is adjacent to the Government Communications Headquarters (GCHQ) and the National Cyber Security Centre and forms part of a key strategic allocation within the Joint Core Strategy.

It includes the delivery of approximately 3,000 new homes, a mixed-use Cyber Central Cluster bringing together leading cyber businesses and innovators alongside academic facilities dedicated to cyber and technologies, and significant infrastructure improvements.

Guy Gusterson, Managing Director of Strategic Land & Regeneration at St. Modwen said: “The Cheltenham development presents a unique opportunity to shape and deliver a new community next to a globally-recognised hub for cyber security.

“We will work with local stakeholders to deliver a diverse new community where new homes will sit amongst green shared spaces as we deliver a vibrant, sustainable, and richly deserving scheme.”

Julie Rossiter, Head of Property Development at Severn Trent said: “We are delighted to be working alongside St. Modwen, a highly-experienced Midlands-based property development company, to take this project to the next stage. We are confident that by bringing St. Modwen’s expertise to this scheme that together, alongside the other major stakeholders involved, we will help to realise the vision for the Golden Valley Development. This regionally and nationally significant development will be bringing much needed new jobs and sustainable housing to the area.”