ID605 Ryepark Development
Under terms and conditions of this tri-party conditional contract for the sale of freehold land with the Council and the Developer, the Council shall sell the land to Aspire for residential development on the land. Main conditions of this sale are (a) the Council shall complete infrastructure works and a golden brick level shall be reached prior to transfer (b) Aspire shall enter into a development agreement with the Developer to complete the residential development, including design and construction of 43 affordable homes. Funding is being received for infrastructure works for this project by the Council from Homes England Brownfield, Infrastructure and Land Grant Fund.