Pictured: Real estate partner in the Birmingham office of Gateley, Callum Nuttall

The Birmingham office of national law firm Gateley, has advised on the £10 million sale of land for residential development at the former Orgreave Colliery and coking works, Rotherham, to be transformed into a new community known as Waverley.

Harworth Estates, the property division of UK Coal Group, has entered into an agreement with three national house builders, Taylor Wimpey, Barratt Homes and Harron Homes. The land comprises the first phase of 250 units in a wider regeneration scheme, which will see the development of nearly 4,000 homes on the site.  

The Waverley project when completed will contribute £1 billion of investment into the local economy and will transform the disused and reclaimed industrial brownfield site into a thriving new community. Its completion over the next 20 years will create a bustling town of 9,000 people. Shops, restaurants, schools, leisure facilities, health and community centres and parks will be added and the adjoining commercial developments will open up the job market for around 7,000 people.

Callum Nuttall is a real estate partner in the Birmingham office of Gateley, he led the deal supported by real estate associates, Tracy Ellison and Ryan Ferguson, and said: "We were delighted to work with Harworth Estates to bring forward this strategically important regeneration project simultaneously with three key housebuilders in the South Yorkshire region.

"Our residential development team is one of the largest specialist teams in the UK and despite the ongoing market difficulties we have grown by over a third in the last three years. Increasing the supply of new housing is critical to the country's recovery plans and we are assisting housebuilders and strategic landowners in the public and private sector to achieve this nationwide." 

Duncan Armstrong-Payne, development manager for Harworth Estates added: "Harworth Estates is committed to creating sustainable communities, through the development of thousands of new homes and business spaces across Yorkshire, the Midlands and the North. Waverley is just one of a number of significant schemes across the country where Harworth Estates are delivering regeneration and kick-starting development.

"Callum and his team are absolute specialists in their field. Their significant experience in the area of residential development has proven to be invaluable and we were impressed with their speed of response and commercial approach throughout the whole process."

With a history of coal mining and heavy industrial activity reaching back more than 150 years, the Waverley site played a major role as a powerhouse of Yorkshire industry. Development at Waverley heralds a new chapter in the site's history which will provide sensitive reminders of its historic past, while looking confidently ahead to renewed progress.

For more information about Gateley, please visit their website here: www.gateleyuk.com