The redevelopment of housing in the Town Centre Ward started in 2006. Before work commenced, properties were pre-1919 terraced housing and 1960s system built social. At the start of the scheme it comprised of 261 properties. To date the Council has purchased 254 properties and demolished 231 properties across the site.
In July 2013 Fabrick Housing (which is a partnership of Tees Valley and Erimus Housing) were successful in obtaining planning approval to build 117 new houses on the site, comprising 21 two bed bungalows, 12 two bed apartments, 66 two bed houses and 18 three bed houses. Fabrick propose to fund the scheme from a &910K contribution by the Council, &1,175,000 grant from the HCA and by utilising their own resources and borrowing capacity. It is anticipated that this development would take approximately three years to build out and complete.
A private sector developer has also proposed to refurbish 17 properties on the western side of Tarring Street and build 7 new properties on the vacant land between these houses. To ensure the Council secures the full site for re-development, plans are in place to make a Compulsory Purchase Order (CPO) once planning approval has been obtained.
Thinking of buying or selling in Stockton? Contact your personal agent, Steve McDonald today.