A joint venture between Cromwell Property Group and Scarborough International Properties (SIPL), TDGL has been appointed the overall development and project manager for the site on behalf of the Welsh government.
The receipt of planning consent completes more than two years of TDGL working in partnership with RCT to develop the proposals.
The planning permission covers the development of 460 new homes, ranging from one-bed apartments up to five-bedroom houses as part of a co-ordinated masterplan that will ensure the provision of public open space and play areas, as well as retaining the current mature landscape.
The consent also includes permission for a local community retail development, a site for a primary school and enhancements to the local infrastructure.
The residential scheme is part of a much broader project currently being developed by TDGL, which includes the development of a new £200m Talbot Green town centre.
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The initial proposals for the new town centre – which received planning permission in December 2014 – cover the creation of more than 300,000 sq ft of new retail, leisure and commercial accommodation, new civic and public realm, improved public transport interchanges and 1,800 car parking spaces.
The infrastructure works for the first phase of the development were completed in January this year.
Andy Richardson, head of UK development at Cromwell Property Group, said: “To have received planning consent for the residential development marks yet another important milestone in the overall project and takes us even closer to achieving our ultimate goal of creating a vibrant new town centre in Talbot Green.”
Paul Holcroft of Scarborough International Properties, added: “We are pleased to have won the support of the local council for the residential development at Cefn yr Hendy, which will provide much-needed housing to meet the growing demand in this part of south Wales.”