January 16, 2020
Wynyard Park the mixed-use scheme owned by Chris Musgrave and Trevor Cartner has been granted Garden Village status in the latest announcement by the Housing Minister Esther McVey. It comes as part of a £8m package of investment by the Government to boost housebuilding nationwide and will ensure that Wynyard will become the largest new settlement in the North East with the ability to deliver up to 6,800 new homes. Speaking after the announcement Trevor Cartner said
“This is a welcome boost for the scheme and for the wider region and will help us to establish Wynyard Park as a new community. We have already delivered around 1000 houses with a further 500 in the pipeline and are now focusing on a number of other elements including a retail centre and leisure outlets. This will help future phases become more sustainable and provide further growth. We have established excellent relationships with a number of housebuilders both nationally and locally and we are also providing a smaller number of private houses directly to the market.”
Wynyard Park in the North East of England sits between the Teesside and Tyneside conurbations with direct access to the A19 and A1(M) motorway and was established by Musgrave and Cartner twelve years ago as a mixed use business park which has now grown to around two million square feet. The commercial element was sold to Northumberland Estates three years ago to allow Cartner and Musgrave to concentrate on housing on the balance of the 700 acre site. They retain a 50% stake in the undeveloped business park land with Northumberland Estates.