We are in a period of unprecedented turbulence and opportunity. A fundamental overhaul of the planning process is going to act as one of the key drivers for that. This is something to learn about and get with – it is not something that you want to miss.⠀
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What are we doing?- we have been focussing more heavily on commercial conversions and development for some time and we have always kept a close eye on PD opportunities. Covid and the latest changes have only accelerated that. We have been doing a lot of Class M – conversion of retail and ground level, mostly rear to protect the parade, but also Class G, 2 flats above. There is also a consultation about to finish around the new Class E – C3 PD right. The devil will be in the detail but this will be huge, not only will it make Class M easier but also reopen Class O for some sites not able to be converted. Space standards for PD are coming in from June, rightly so in our view, so these will need to be observed and complied with. It may well be that the new PD right will negate some previous Article 4 direction, especially around Class O, with some justification in our area with many blocks sat empty.⠀
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We await the wording and the specialist advice but for now start looking. We have around 10 more projects in the pipeline, some of which need funding. ⠀
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– We are market leaders in our area and we have the best and most comitted team. Get in touch if you would like to find out more about working with us – email information@targetfive.co.uk⠀
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