Stonebond Chelmsford has completed the acquisition of a prime development site in Shenfield, Essex, marking the second joint venture scheme with Home Group. Tees advised on the property aspects of the transaction, with specialist support from Executive Partner Aaron Cane.
Delivering a site with long-term community value
The site sits off Alexander Lane, a short walk from Shenfield High Street and the Elizabeth Line railway station. Stonebond’s plans will deliver 38 mixed-tenure homes, including affordable rent, shared ownership and open market homes for sale.
As part of the project, more than £1 million will be contributed to local services such as healthcare, education, libraries and sports facilities. This investment ensures the development benefits both new residents and the wider Shenfield community.
Tees’ role in the acquisition
Executive Partner Aaron Cane advised on the acquisition of the site, helping Stonebond navigate the legal and commercial considerations involved in bringing the scheme forward. Our team worked proactively to keep the process moving and ensure Stonebond could progress the project within their planned timeframe.
Giving you the full picture
At Tees, our Real Estate team brings together deep sector knowledge, commercial insight and a practical, solutions-focused approach. We work closely with developers, landowners, investors and funders to provide clear, forward-thinking advice at every stage of a project, from site acquisition through to planning, construction and disposal.
Whatever the scale or complexity of your project, we’re here to give you the full picture, so you can make informed decisions and focus on creating developments that deliver lasting value for communities.
