A major phase of the 7,000 home Plasdwr development on the outskirts of Cardiff has been confirmed with housebuilder Redrow acquiring a key land site.
It comes as the Flintshire headquartered firm has extended its original agreement with the Plymouth Estate at Plasdwr.
The latest deal relates to by far the largest component part (426 gross acres) of the development with a third, smaller section to follow.
It means Redrow will create up to 2,600 homes a Plasdwr and retain responsibility for leading the masterplanning of the entire £2bn garden city project.
The value of the land deal with Plymouth Estate has not been disclosed.
Plasdwr is taking shape across 900 acres of countryside in the north west of the capital.
A 20 year project, when completed, it will comprise up to 7,000 homes – up to 30% of which will be affordable - four primary schools, a secondary school, retail, health, leisure and community facilities set across five distinct neighbourhoods.
Its development will create over 5,000 direct and indirect jobs.
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Redrow is already lead developer on the first parts of Plasdwr, bordering the existing neighbouring communities of Radyr, Danescourt, Fairwater, Pentrebane and St Fagans.
Some 250 residents are already living at the scheme.
The first primary school is expected to open in 2023, and two other housebuilders have also begun developing sites.
The next phase will see Redrow committing £87m of additional investment in new infrastructure, including roads, utilities and services, drainage and landscaping. Redrow expects to deliver the first homes under this new arrangement in 2023.
Redrow project director Wayne Rees said: “Being proudly headquartered in Wales, we feel particularly privileged to be selected to remain at the forefront of Plasdwr, using our placemaking approach to lead the masterplanning team as well as creating around half the homes in such a significant new place for our capital and its future.
“For the same reason, we’re especially delighted to be part of creating thousands of Welsh jobs over a sustained period, both directly and via our supply chain.”
Mike Lawley, chairman of Cooke & Arkwright, the landowner’s representative, said: “The Plymouth Estate has been focused on delivering an exemplar scheme at Plasdwr and leaving a legacy it can be proud of.
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“It is incredibly important to the Plymouth Estate to have a reliable and committed lead developer to assist in bringing this complex scheme forward, and Redrow has proved to be first rate at working collaboratively with the landowners and Cardiff County Council.
“The landowners fully support the strategic approach being taken to the delivery of Plasdwr and the considered masterplanning and placemaking approach of the entire expert team of professionals, led by Redrow.”