A press release from Stoke-on-Trent City Council this morning says that the Cabinet have agreed to plans to negotiate the sale of the Slater Street site to Sanctuary Group and developer ID4Living, part of the Seddon Group for a mixed-tenure development.
The clearance of Slater Street and the surrounding areas were agreed by Stoke-on-Trent City Council in 2006 and Compulsory Purchase Orders were used to buy the properties on Slater Street and the surrounding areas in 2009 when the then Secretary of State Hazel Blears approved the orders after a public enquiry.
If the plans go through it could mean the area will see a private and public sector investment of £18m leading to the construction of 80 properties for older people and 62 family homes. The design of the new development will seek to make the best use of the canal-side frontages while also reflecting the industrial heritage of the area.
The 80 housing units for older people will have 20 of the units available for sale through a shared ownership scheme operated by Sanctuary and over half of the 62 family homes released for sale on the open market by developer ID4Living. The remainder will be available for rent through Sanctuary.
Councillor Ruth Rosenau, Cabinet Member for Regeneration, Planning and Transportation said
If the negotiations and the planning applications are successful this site will be regenerated to provide new, energy efficient homes.
This is an exciting and ambitious development, providing housing for older people with identifiable needs and also addressing a shortfall in the City. The investment of around £18m in the Slater Street area will bring about this transformation.
Sanctuary, a leading housing and care provider, is expected to deliver approximately 140 new properties in the area subject to obtaining planning permission for the development.
Sanctuary will also offer care services as part of the extra care experience but it is up to the individual resident whether they use those on offer or access an alternative package to suit their needs.