Building work to start soon on final phase of North Prospect regeneration
Work on the last phase of our North Prospect regeneration is due to begin later this month.
Our development partner Vistry Partnerships, formerly Galliford Try Partnerships, will start on site at Phase 4.
This phase will see 196 new homes built – 87 for affordable rent, 38 for shared ownership through SO Living and 71 for open market sale which will be marketed and sold under the Linden Homes brand.
Andrew Lawrie, PCH Head of Development, said: “The news that we can at last begin work on our final phase of North Prospect is fantastic and is the culmination of 10 years of work by PCH.
“It was just a few weeks ago we learned we’d received £2.3m of government funding, thanks to the support of Johnny Mercer MP and Plymouth City Council. The city council is also contributing £1.25m towards the scheme. This is on top of our own money and Homes England grant.
“We look forward to working with Vistry Partnerships on this phase, which will bring nearly 200 much-needed homes to North Prospect for local people.”
“Our work to regenerate the neighbourhood has been the largest of its kind in the South West, bringing about a reduction in crime and ASB in the area, an increase in the educational attainment of children and an improved quality of life for residents.”
Councillor Tudor Evans, Leader of Plymouth City Council and ward member for Ham, said: “I cannot tell you how pleased I am that work is set to begin on the final phase of the regeneration of North Prospect. Its success is not only important to the area itself, but also to the wider city.
“The project has been supported by the Council's Plan for Homes since the beginning. That is why last year, we made it the first beneficiary of our new Housing Investment Fund; pledging £1 million to support the build.
“When this phase is complete, and new residents are turning houses into homes, then all of the partners who made this award-winning scheme happen can look on, proud of the achievements of the last nine years.”
Stephen Teagle, Chief Executive of Vistry Partnerships, formerly Galliford Try Partnerships, said: “We’re delighted to be working with Plymouth Community Homes to build almost 200 new homes at North Prospect. The development is a superb example of how effective partnership working can transform an area, providing mixed tenure homes and a range of services to help provide better outcomes for the local community.”
The North Prospect Spatial Strategy, developed in partnership between us and Plymouth City Council, set out to regenerate North Prospect by demolishing around 750 properties and constructing 1100 new mixed tenure homes. We’ve also repaired and refurbished 300 homes.
The final phase will see the end of the major regeneration of the area, currently on schedule to be complete by 2024.
Since regeneration began, North Prospect has benefitted from a new community hub building, the Beacon, on North Prospect Road. Facilities include a new library, café, office space, nursery/children's day care centre as well as 39 flats for the over 55s.