Telereal Trillium have announced the purchase of the WYE3 site in a press release distributed today: 150721TelerealTrilliumpressrelease_Wye 3
Graham Edwards, CEO at Telereal Trillium said: “Our acquisition of the Wye3 site is an ideal opportunity for our company as we are able to take a longer term perspective on development opportunities, more so than many other developers.”
“We see this as a development opportunity to be realised over a 10-15 year time period, in close consultation with the Parish Council and local community.”
Central to the emerging plans will be finalising proposals for the long term consolidation and growth of the Wye Free School. The other buildings could accommodate a mixture of residential, business and community uses.
So what to make of this? Well.. one cannot help feeling a little nervous when such large companies start talking about opportunities to be realised in a 10-15 year time period.
But it’s obviously good news that the CEO talks about working with the Parish Council and the local community, and also good that he’s talking about the need to sort out the Free School.
If nothing else there’ll be a new set of faces over the other side of the table. Maybe we can work towards a solution which will suit everyone?
The parish council is meeting on Thursday 23rd to discuss these new developments. This initial meeting is not open to the public.