A former mill site off New Hall Lane could become the site of new affordable homes.Advertisement
The £5m scheme brings abandoned land and buildings on the site of a former Tetrad factory back into use.
The 1.13 hectare site is just to the north of New Hall Lane and borders Mosley Street.
All 51 houses would be affordable homes, with Mulbury working with Adactus Housing Association to secure 12 homes for shared ownership and 39 for affordable renting.
The funding for the project comes from the Homes and Communities Agency who have grant funded Adactus.
Greg Mulligan, a director of Mulbury Homes, said: “These modern properties will provide much-needed new family housing while at the same time helping to regenerate the local area by revitalising a derelict piece of land.
“We will continue to consult closely with the community and other local stakeholders to bring this valuable development to fruition.”
A mix of two, three and four bedrooms semi-detached and terraced properties are to be built.
Garnet Fazackerley, Assistant Director of Development at Adactus added “We are delighted to be working with Mulbury Homes and the HCA on this development. By providing good quality affordable homes, we aim to make a huge contribution to the regeneration of this area of Preston.”
The planning application makes it clear the development would be the first of a three-stage plan for the area.
Plans submitted by PWA Planning to Preston City Council state a second stage would see the demolition of the Manchester Mill to make way for a multi-storey apartment block.
A third stage includes more houses on the Somic factory site in the west of the area.
Planning officers have recommended the scheme for approval saying it would “bring new affordable housing on a now disused brownfield site.
“It would also help to secure the future of an important local employer and help protect the jobs of its employees.”
This last quote makes reference to the plans stating improvements to the Tetrad site would be made as part of future developments.
If approved Mulbury Homes say work would start in June and be completed by October 2015.
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Image credit for Tetrad to drinksmachine