Hayle Harbour, Cornwall

Pioneer assisted 'ING Real Estate Development' with the s106 affordable housing negotiations for the Hayle Harbour redevelopment. This major mixed used redevelopment includes retail, leisure, offices and approximately 1000 residential dwellings to be built over the next 9 years.

Through detailed negotiations with the local planning authority Pioneer was able to promote a position which incorporates a realistic affordable housing obligation including:

a dwelling mix that reflects housing need rather than the local planning authority’s aspiration for the affordable provision to match the market provision;
a tenure cascade which flexes depending on the availability of public subsidy;
favourable sale terms for the discounted sale dwellings, and,
environmental build standards only being required when public subsidy is invested or is a requirement of Building Regulations.

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