There was more good news for St Ann’s today after Nottingham City Council approved a new development licence for Leicester Housing Association (LHA_ASRA) for land in Limmen Gardens on the Stonebridge Park Estate.
It follows the announcement that the UK economy has slipped back into a double dip recession due to a slump in the construction industry.
The news comes at a time of uncertainty for Stonebridge Park residents, of whether new construction work will begin on the estate in the near future.
The building of the first phase of 95 new houses, flats and apartments by construction firm Lovell’s, is due to for completion at the end of June.
The development agreement is required to provide Leicester Housing Association with the security of having a legal interest in the land to prevent abortive fees. A second phase of new social housing in Limmen Gardens by LHA/ASRA will provide an additional 18 new family homes for affordable rent.
It also demonstrates the City Councils' continuing commitment to transforming Nottingham's Neighbourhoods.
A City Council representative said today:
“As Construction of phase is nearing completion, LHA-ASRA is in a position to continue their development presence on the Stonebridge estate by commencing work on this new phase. This will allow apprentices and other employees associated with the development to continue their work on site.
“The development of Limmen Gardens will be linked to a separate development agreement between the City Council and Leicester Housing Association for a former sheltered housing site on Rosecroft Drive.”
The city council says the facilities at Rosecroft Drive, Sherwood, are unsuitable for older people and could not be refurbished to make it sustainable for the future. The Sherwood site is on the Edward's Lane Estate, and will cost £279,000 to pull down.
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