Out-Law News | 17 Apr 2014 | 2:46 pm |
The developer, which is a joint venture between Muse Developments, Legal and General Property and the Homes and Communities Agency, is proposing to build 216 homes, communal gardens and a pedestrian link as part of the scheme. The homes will be constructed within three blocks ranging up to 14 storeys high. 25% of the homes will be affordable, according to the plans.
The third phase is the final element of the 680,000 square feet Rathbone Market redevelopment which will provide 652 homes in total. The wider scheme also includes new shops, a revitalised market, a library and community space. The first phase of the scheme has been completed and the second phase is currently under construction.
In its planning statement, submitted with the application, ECf said that the scheme will "reinforce the existing town centre, improve the range and quality of the retail offer, significantly improve the public realm and provide new and improved connections with the wider area".
Subject to the grant of planning permission, work on the third phase is expected to start in 2015 following the anticipated completion of phase two.