Out-Law News | 29 Aug 2014 | 5:00 pm |
The DCS (22-page / 4.9 MB PDF) proposes reduced rates for residential developments within two areas designated for development in the emerging core strategy planning document for the district.
A rate of £85 per sq m is proposed for residential developments within the Canal Quarter Regeneration Zone, straddling the Stratford-on-Avon Canal to the north west of Stratford town centre. For residential developments at the proposed new 4,800-home Gaydon/Lighthorne Heath settlement, a charge of £145 per sq m will apply and a charge of £150 per sq m will be levied across the rest of the district, the DCS said.
A nil rate is proposed for retail developments within centres identified in the emerging core strategy. A charge of £10 per sq m is proposed for retail developments at the Gaydon/Lighthorne settlement, while out of centre retail developments will attract a rate of £120 per sq m.
A district-wide nil rate levy is proposed for all other uses, including employment, hotel, extra care housing, mixed leisure and public service and community facilities uses.
Consultation is open until 2 October.