St. Modwen, the UK’s leading regeneration specialist, is set to adapt part of Melton Park for new homes. Following consideration of the long-term prospects for extensive commercial development, weighed against the current need for new family homes, it is felt that a move towards housing development is the most appropriate use for the site.
Richard Bannister, Development Manager at St. Modwen, said: “With the dramatic slowdown in commercial activity, coupled with the new focus for the region being on the renewables sector and therefore the docks region, we have put under review what we can sensibly bring forward at Melton Park.
“What is clear, is that from the point of view of residential development, the site is extremely sustainable and very deliverable. The road infrastructure is already in place and this is designed to absorb and protect existing communities from traffic impact, but also has the ability to link well with the surrounding communities to help benefit them with access to new and existing facilities. We are already aware from previous consultation we have undertaken during our period of ownership of the land, that there is broad support locally for this type of development.
“We anticipate that education and health provisions will be key elements that will need to be provided for, as part of a sustainable development, along with improved public transport and pedestrian and cycle ways, but we will also seek to address the need for affordable homes and new playing fields within the development proposals.
“This is the start of the process and we fully intend to comprehensively consult with local people to understand their aspirations and concerns in order that we may address them.”
St. Modwen will announce initial consultation events for local people very shortly and will be working up proposals over the coming months.