Bracknell gets £ 2.3million to convert brownfields
The Bracknell Forest Council has received more than Â£ 2 million to help turn ‘brownfield’ sites into vibrant new areas with government funding.
This week, the government’s Department for Upgrades, Housing and Communities announced that Â£ 75million will be invested across the country to turn abandoned and dormant sites into new places to live and work.
The Bracknell Forest Council will receive more than Â£ 2.3million of this funding for three major projects in Bracknell under the Brownfield Land Release Fund (BLRF).
The council receives a total of Â£ 2,340,266 to facilitate the development of Market Street, the depot site and Opladen Way.
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The majority of the funding, Â£ 1.6million, will go towards the redevelopment of Market Street. The Bracknell Forest Council and Countryside Properties project consists of building 169 houses spread over three towers, 25% of which will be affordable. The advice, the funding, will help speed up the project and hope it will be completed by fall 2024.
Â£ 570,000 will be spent on redeveloping the depot site off Old Bracknell Lane West, part of the site being converted into new housing, of which 35% will be affordable. The council hopes the homes will be ready for occupants by the end of 2025. The majority of the site will be used for commercial purposes as new offices and warehouses.
In addition, Â£ 119,000 will be used to create an access road to unlock tarmac land, which can be redeveloped into four detached houses and two wheelchair accessible houses. It is hoped that these six houses will be completed and ready for occupancy by December 2022. Although council has not specified where this site will be located, Opladen Way is identified as a site by the government.
Celebrating the news, Council Head Paul Bettison (Conservative, Little Sandhurst and Wellington) said: ‘We are delighted that all of our funding offers have been successful and that we will receive Â£ 2.3million for advance three major regeneration projects in the borough.
âOver the next four years, these three projects will collectively see more than 250 new homes built on brownfields that were in desperate need of redevelopment. They will not only bring much needed new homes, including affordable homes, to the borough, but will see unsightly and disused land reallocated and rejuvenated.
Meanwhile, Wokingham Borough Council has received Â£ 494,000 for its self-build project at Toutley Road East, which involves building 130 ‘energy efficient’ homes and one ‘care home for people with dementia. dementia â.
All the projects mentioned above are subject to the granting of a building permit.
Almost Â£ 58million of the BLRF’s Â£ 75million was allocated to 53 boards this week. Of that Â£ 25million was made available for council-managed projects and custom construction. Of this, Â£ 5million has already been allocated, with boards being encouraged to bid for the remaining Â£ 20million.
Michael Gove MP, Secretary of State for Leveling Up (Conservative, Surrey Heath) said: to live, work and visit. Making the most of the land already developed is a priority for the government and it will help protect our countryside and our cherished green spaces. ”
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In response, Eleanor Bateman, policy and campaign manager at Propertymark, the membership organization for estate agents, said: âHistorically, a lack of funding has meant that excess land from local authorities has not been proposed for development. However, the fact that almost 80% of the Brownfield Land Release Fund has been used shows that the councils are keen to release sites that might otherwise be left useless.
âRather than under-utilizing the bespoke building fund which still has Â£ 20million unallocated, the UK government could perhaps seek to reallocate funds to the One Public Estate program which has shown the greatest level of demand.
âThe numbers also show that leveling and unlocking land for potential housing requires ongoing support to councils to overcome barriers associated with up-front costs. ”
The One Public Estate is a national government-led initiative that allows councils to bid for funding that can help free up public land for development, such as housing.