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The acquisition forms part of Homes England’s strategy to regenerate challenging brownfield sites in the area. Homes England has partnered with Worthing Borough Council to deliver the scheme and has agreed to acquire the site immediately.
The government body is now working on proposals for the plot, which is located in the town centre near the town’s railway station. The partnership aims to create a sustainable development with open spaces and improved pedestrian and cycle routes.
Alison Crofton, chief property officer at Homes England, said: “Homes England has worked closely with Worthing Borough Council over the past year to agree a united approach. We are pleased to be working in partnership with Worthing Borough Council to create a scheme that will enable the delivery of a development that meets the needs of the local community.
“Teville Gate is a key regeneration area for Worthing and a challenging brownfield site that has the potential to have a transformational impact on the town.”
Homes England has agreed to lease the site back to Worthing Borough Council, which bought it in 2021 to drive its regeneration plans, while it carries out the preparatory work. This will ensure it can be used for other purposes while the plans are developed.
Beccy Cooper, leader of Worthing Borough Council, added: “We have chosen to partner with Homes England as the catalyst for the regeneration of Teville Gate into a vibrant, sustainable community hub featuring genuinely affordable homes that our citizens need.
“Our ambition remains the creation of sustainable, high-quality and genuinely affordable homes for our residents. We believe Homes England is the ideal partner to realise those ambitions for Worthing. I’m excited that within months this barren land will be back in use for the community while the work to unlock the potential of this site begins.”
Timescales for the development have not yet been confirmed.
Source: Property Week