UK Developer Secures Approval for £150m Development

UK-based Schroder Property Investment Management has secured outline planning permission from Sutton Council for a £150m sustainable development project in Sutton, South London.

The development is part of Sutton Council’s Hackbridge project, which aims to create the UK’s first sustainable suburb.

Plans include construction of 725 new homes, a community centre, doctor’s surgery, care home, supermarket, offices, shops and a bus interchange, according to 24dash.com.

The scheme will be centred around a public square, which is targeted at hosting events like farmers markets or public art displays.

The development will also include open spaces, pocket parks and edible gardens with communal fruit trees.

The first phase of the development, expected to begin in early 2011, will include construction of a new supermarket and residential units.