Eversheds Sutherland has advised Harworth Group plc on its strategic acquisition of the former Ironbridge Power Station site in Telford, Shropshire.
The site, located adjacent to Ironbridge town centre, comprises about 240 acres of brownfield land and a neighbouring parcel of more than 100 acres of agricultural land.
Harworth intends to develop the major regeneration site, which comprises around 350 gross acres of brownfield and agricultural land, into a mixed-use development with several hundred new homes, commercial buildings, leisure facilities and public space.
Harworth Group plc is one of the UK’s leading land and property regeneration companies, specialising in bringing to life former industrial sites and derelict land. Its purchase of the 141-hectare site, which closed in November 2015, is one of its largest acquisitions in the Midlands to date.
The Eversheds Sutherland team was led by real estate Partner Natalie Edwards (picture) with support from Senior Legal Manager Tracy Adams. Employment advice was provided by Partner David Beswick and Associate Priyesh Dave with Legal Director Jane Southworth and Senior Associate Catherine Manning also supporting on environmental issues.
Involved fees earner: Natalie Edwards – Eversheds Sutherland; Tracy Adams – Eversheds Sutherland; David Beswick – Eversheds Sutherland; David Beswick – Eversheds Sutherland; Jane Southworth – Eversheds Sutherland; Catherine Manning – Eversheds Sutherland;
Law Firms: Eversheds Sutherland;
Clients: Harworth Group plc;