Inland Homes plc announced that it has received a resolution to grant planning permission, subject to the signing of a Section 106 agreement, for 700 new homes and 25,000sqm of commercial space at Gardiners Park Village, Basildon. The planning application was submitted in conjunction with Homes England which has a majority interest in the site. The Company entered into a development agreement with Homes England in April 2020. Construction is expected to commence this autumn, following the signing of a Section 106 agreement within the current financial year and subsequent release of the planning permission. In total, around 220 of the 700 new homes on the 54-acre site will be designated as affordable housing for both rent and shared ownership. In addition to the commercial space, the development will also provide a site for a new school and the provision of sporting facilities both on and off site. The 54-acre site will have a gross development value in the order of £200 million and the land will be acquired in phases over a five-year period.