West Northamptonshire Council (WNC) has completed the purchase of the former St James’ Depot, a 4.5-acre derelict site in Northampton. Now, the Council is moving forward with plans to transform the area into much-needed housing for the local community.
The site, which has been vacant for over a decade, is positioned to benefit significantly from redevelopment and will complement the wider regeneration of Northampton. WNC aims to deliver affordable housing that meets the needs of the local community and local businesses. The council purchased the site for £3 million and has allocated an additional £300k for legal fees, stamp duty, and future remedial work.
Cllr Dan Lister, Cabinet Member for Economic Development, Town Centre Regeneration and Growth at WNC, expressed the council’s dedication to bringing forward a scheme that reflects the area’s history and provides high-quality affordable housing. He highlighted the importance of swift action to ensure the site benefited from considered regeneration.
In order to fund the project, WNC will seek opportunities through the Enterprise Zone and Government’s brownfield land release fund. This fund aims to provide funding for the development of empty industrial sites to address the local housing need. The Council is committed to ensuring the best regeneration and economic potential of the area is realized.
West Northamptonshire Council (WNC) has completed the purchase of the former St James’ Depot, a 4.5-acre derelict site in Northampton. Now, the Council is moving forward with plans to transform the area into much-needed housing for the local community.
The site, which has been vacant for over a decade, is positioned to benefit significantly from redevelopment and will complement the wider regeneration of Northampton. WNC aims to deliver affordable housing that meets the needs of the local community and local businesses. The council purchased the site for £3 million and has allocated an additional £300k for legal fees, stamp duty, and future remedial work.
Cllr Dan Lister, Cabinet Member for Economic Development, Town Centre Regeneration and Growth at WNC, expressed the council’s dedication to bringing forward a scheme that reflects the area’s history and provides high-quality affordable housing. He highlighted the importance of swift action to ensure the site benefited from considered regeneration.
In order to fund the project, WNC will seek opportunities through the Enterprise Zone and Government’s brownfield land release fund. This fund aims to provide funding for the development of empty industrial sites to address the local housing need. The Council is committed to ensuring the best regeneration and economic potential of the area is realized.
