Housebuilder Vistry has acquired a farmland site in East Grinstead, West Sussex, with plans to build 550 homes.
The housebuilder purchased the arable land for an undisclosed amount from an unnamed seller, after Mid Sussex District Council granted land promoter Welbeck Land hybrid planning permission for the housing scheme in December.
Vistry said it planned to forward-sell 130 homes earmarked for the site to Barratt David Wilson, a subsidiary of Barratt Redrow, before starting work in 2027 to build the remaining homes by 2032.
A Vistry spokeswoman said: “Welbeck obtained the outline consent and we have submitted a reserved-matters planning application for 550 units, which is under consideration by the council.”
She declined to say how much Vistry and Barratt David Wilson were investing in the project, which will include 165 affordable homes.
The planning approval also includes land for a care village to be developed by Rangeford Retirement Villages, and for a school to be brought forward by West Sussex County Council.
