BILLIONAIRE businessmen James and Sandy Easdale have succeeded in their bid to overturn a cap placed on the number of homes they can build at Spango Valley.
The pair's £100m housing development suffered a setback in 2022 when they saw officials place a 270-unit cap on the number of properties that could be built on their part of the sprawling former IBM site at Spango Valley.
The Telegraph reported how they were initially considering legal action against the council over the cap, before later launching a fresh bid - along with development partners Advance Construction - to amend the planning condition, seeking an upper level of 450 homes instead.
But after an application was made to amend the cap to 450, planning officials u-turned and recommended that councillors agree to the new cap.
The amendment application stated that the limit imposed on the development made it commercially unviable.
Members of the council's Planning Board have today agreed to the new 450-unit limit, meaning the development can now move to the next phase.
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