Plans to build 1,000 homes, a new primary school and local centre in Chatteris could be a step closer to becoming a reality.
Hallam Land Management and BS Pension Fund Trustees wants to develop a site off London Road.
The proposal has been ‘cautiously welcomed’ by Chatteris Town Council, which has concerns over infrastructure.
The Northampton-based developers were granted planning permission in September 2013 but members of Fenland District Council’s planning committee were given an update of the progress during a meeting on Wednesday.
At the meeting, councillors approved a fresh resolution to grant the application outline planning permission subject to the section 106 agreement, which must be signed off by February next year.
Under the section 106 “planning gain” agreement, the developer must provide a total of 28 per cent of affordable housing spread over the building phases, along with play areas and outdoor sports facilities.
The developer is also expected to make financial contributions which include £505, 984 towards education, £391,272.49 towards community transport, and £267,000 for community waste.
The firm, which refused to comment when approached by the Fenland Citizen, is looking to construct 1,000 homes, featuring a mix of one and five bedroom units, on the 27.79 hectare site.
The application also includes 20,000sqm of employment land and 2.4hectares for a new primary school.
There is also provision for public open space, sports provision and ecological enhancement.
Mayor James Carney said: “Chatteris Town Council have obviously been well aware of the plans ever since they were first put forward in 2010.
“The proposals are cautiously welcomed as it represents significant investment into the local community with regards to homes and employment opportunities.
“That said, the CTC will be watching to ensure the necessary infrastructure is put in place; this is one of the reasons why the Chatteris Community Plan was launched earlier this year in order to try and ensure the community’s needs are met from future large scale developments such as the Tithe Barn scheme.”