Property agent King Sturge has successfully completed a £50m development deal in Swindon involving the sale of eight acres of land on behalf of Carillion  to Thomas Homes.

The land, at the former Great Western Railway locomotive works in the town, will now be transformed into a mixed use development.  King Sturge will be retained as development consultants and agents for the site.

The site contains some Grade II listed buildings, which will be converted into offices. Inside and outside, some of the buildings are engineering gems from the Brunel period, which will become features of the development. Permission is already in place for 250,000 sq ft of development which includes apartments, offices, restaurants and leisure facilities.

King Sturge partner David Spencer said: “This deal is a major one for the regeneration of Swindon. It is a site of great historic importance and it has been a privilege to be involved in the sale of this land. New life will be breathed into the site as it becomes home or place to work or relax  for hundreds of people”.

The redevelopment of the locomotive works forms part of a much greater regeneration project incorporating the 138-acre Churchward Village site, off Kemble Drive.

The Thomas Homes site is centred around the Great Western Designer Outlet Shopping Centre and also includes the home of the National Trust UK Headquarters, The National Monuments Records Centre and the Steam railway museum.

Chris Brotherton, director for Thomas Homes said, "Churchward Village provides an exciting opportunity for Thomas Homes to make use of our extensive expertise in urban redevelopment and conversion of old buildings in an excellent location in central Swindon."

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