Stroud District Council purchases land from Newland Homes at Bath Place, Cheapside, from Newland Homes. This marks the first step towards the regeneration of the Wallbridge area of Stroud town centre.
The 0.9 acre brownfield canal side plot, which has stood empty for decades. It includes the fire-damaged Grade II Listed former canal warehouse which also has consent for development. It was clear that a redesign of the site could improve the connections between the canal and the town centre. The size and types of housing could be rebalanced if it were owned by the Council.
Stroud District Council Purchases Land from Newland Homes
Council Leader Catherine Braun says she is delighted this milestone has been reached. “Today’s completion of sale follows a lot of legal work by both sides and we are grateful to Newland Homes for agreeing to sell the site to us.
“Breathing new life into the site will help connect the two gateways of the town’s railway station and Wallbridge.”
Committed to delivering our Council Plan
Deputy Council Leader Natalie Bennet says this is big step forward. “We are committed to delivering our Council Plan which aims to both regenerate our town and our economy. This scheme does just that as it will create jobs and revitalise this historic part of the town, attracting more visitors to the area.
“There is a lot of work that now needs to be done to understand how Bath Place fits in with our long-term vision for this part of the town and that of our partners. We also need to understand how it links with and helps unlock other schemes. We will keep people updated as our ideas and plans develop for this important site.”
Fully committed to seeing this challenging site come to fruition
Andrew Billings, Land Director at Newland Homes says he is delighted with today’s news. “We have been fully committed to seeing this challenging site come to fruition and we are delighted that the Council recognises its potential and is investing in its future.”
To find out more about this project, please visit the News pages on the Council’s website