Track record

Development of a mixed-use scheme, Great Western Park, Didcot

Henry Davidson Developments & Taylor Wimpey

Provided an FVA, development advice and affordable housing strategy

Great Western Park, Didcott

Financial Viability Assessments

Service

Circa £10-15m

Project value

Retail & Leisure

Transport & Infrastructure

Industry

Nick Fell

Nick Fell

The project

We were instructed by HDD (Didcot) Ltd (the Applicant) in respect of their planning application to provide an assessment of the economic viability of their proposed mixed use development on the subject site at Great Western Park, Didcot.

The Applicant submitted a planning application to Vale of White Horse District Council for the erection of 10 ground floor retail units, 20 first and second floor apartments, car parking, landscaping and associated infrastructure.

Our solution

We provided detailed development advice and worked with the project team to confirm an affordable housing strategy with the client. We considered appropriate residential and commercial sales values, build costs and benchmark land value. Upon agreeing the affordable housing strategy, we prepared and submitted a full viability report to the local authority.

We engaged with the Local Authority who dealt with the viability negotiations in-house and agreed with them the affordable housing and s.106 financial contributions.

We achieved an affordable housing position in line with the client’s expectations and below
that which the Local Authority originally sought.

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Key contacts

Gain national and local expertise through our multidisciplinary teams of experts.

Partner & Head of Residential – Residential

Nick Fell

Our Track record

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