Two businesses have entered into a joint venture agreement to build housing and commercial space on the banks of Devon’s River Dart.
London-headquartered Acorn Property Group has teamed up with Totnes’ TQ9 Partnership LLP to further redevelop Baltic Wharf in the heart of the historic town of Totnes.
This latest stage of regeneration will include a mix of residential homes and commercial space including the retention of the Baltic Wharf Boat Yard.
Nestled on the banks of the River Dart, among beautiful countryside, Baltic Wharf is near the heart of Totnes, famed for its range of independent shops, organic food, and promotion of ethical and fair-trade products.
The town is also well connected with a mainline train station offering direct routes to Plymouth, Exeter, Bristol, and London and five miles from A38 Devon Expressway.
Award-winning independent housebuilder Acorn has been providing bespoke, design-led homes for more than 25 years.
It has offices in London, Bristol, Cardiff, Exeter and Cornwall and often works with landowners, local authorities and other public bodies, and housing assocations.
Set up in 1995 it has a broad portfolio including sites in urban and rural locations, brownfield and greenfield sites, new build and conversions including listed buildings and numerous residential and commercial mixed-use sites.
It is working on South West schemes in Exmouth, St Austell, Bristol, Bath, Falmouth, Frome, Chillington, Exeter, Newquay, Barnstaple, Padstow, Constantine Bay, Fowey, Ottery St Mary, St Ives, Perranporth, among others around the region and UK, including several in London.
Acorn boasts it is “championing regeneration and putting creativity and sustainability at the forefront of every project they are involved in” and is “passionate about creating new communities that are a joy in which to live and work”.
Acorn Exeter’s regional director, Ed Lewis said: “We are thrilled to have entered into a joint development agreement with TQ9 Partnership especially on a scheme as exciting as this and can’t wait to continue with the delivery of this important but stalled regeneration site. This agreement assists with our strategic growth and provision of high-quality new homes in this region”.
Steve Mittler, managing partner of TQ9 Partnership, which was incorporated in 2006 and is based at Baltic Wharf, said: “We are delighted to be working with Acorn to complete the regeneration of Baltic Wharf. We are confident that they have the right approach to build on the bespoke high-quality and sustainable design developed from extensive consultation within the town during the first phase”.
Following their agreement, the development partners will now seek to work with Totnes Town Council and ward members along with South Hams District Council and others on the site which already has planning consent, to develop and implement the plans.
A 95-home development, commissioned by TQ9 and delivered by Bloor Homes on designs from Plymouth’s Stride Treglown architecture practice, was completed in 2014 at a cost of £15million.
