Capital Land - Great Stall East Site - Red line

Capital Land purchase 212-acre site at Swindon’s New Eastern Villages development

04/01/2021

Swindon-based Capital Land has completed the purchase of 212 acres of land at New Eastern Villages (NEV) Great Stall East, a significant step in the largest and most important urban regeneration development in the UK.

The next round of detailed planning is in progress and plans are for work to commence on the site in 2022. The Great Stall East development will be approximately 20% of the NEV development and is set to include 1,550 homes, a secondary school, a park and ride, and a sports hub.

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£3.6 billion new Town Funds

10/09/2019

On the 6th September 2019 Local Government Secretary Rt Hon Robert Jenrick MP announced which towns will benefit from the £3.6 billion Towns Fund to build prosperous futures. It is intended that Towns across England will work with the government through this fund to develop innovative regeneration plans. Communities, businesses and local leaders will now join forces to propose plans to transform these town’s economic growth prospects with attention on improved transport, broadband connectivity (5G infrastructure), skills and culture.

The government will next publish a prospectus to guide towns through the process and set eligibility criteria for funding to be unlocked.

Swindon has been named as one of the many Towns to benefit. A full list of places can be found here: https://assets.publishing.service.gov.uk/media/5d722667e5274a09881c0c58/list-of-100-places.pdf

Read full Government press release here: https://www.gov.uk/government/news/100-places-to-benefit-from-new-towns-fund.

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Swindon Capital Land