North Prospect planning permission granted
We’ve received planning consent for Phase 4 of the North Prospect regeneration.
Plymouth City Council has approved plans for us to replace 140 homes with 196 homes – 87 rented, 38 for shared ownership and 71 for open market sale.
The phase includes 178 houses and 18 flats.
Phase 4 is the final phase in the area’s regeneration, which will see more than 1,100 homes built when the scheme is finished.
We’ve bought back 46 of the 51 privately-owned homes in the phase and agreed terms on all of the others.
We hope to complete the land assembly within the next couple of months.
Developer Galliford Try Partnerships has been given preferred developer status following a two-stage procurement process.
Funding for Phase 4 had a setback over the summer when the city council’s application for £2.8m of Housing Infrastructure Funding was declined by the Ministry of Housing, Communities and Local Government, which felt that the bid did not represent value for money.
John Clark, PCH Chief Executive, said: “We’re pleased we’ve been given the go ahead to begin building these much-needed homes at North Prospect.
“We’re committed to seeing through our vision of a fully-regenerated neighbourhood and we’ve been working pro-actively with partners in the MHCLG, Homes England and Plymouth City Council to identify alternative funding opportunities.
“We’re grateful to the city council for the £1m they have already committed to us.”
We’ve increased the number of new homes that we will deliver in Phase 4 by reducing the number of homes for sale on the site and by including land that is currently occupied by the Halcyon Church.