{"id":15658,"date":"2024-08-16T07:34:50","date_gmt":"2024-08-16T06:34:50","guid":{"rendered":"https:\/\/www.thebusinessdesk.com\/south-west\/?p=15658"},"modified":"2024-08-16T07:34:50","modified_gmt":"2024-08-16T06:34:50","slug":"55m-cheltenham-housing-scheme-approved","status":"publish","type":"post","link":"https:\/\/www.thebusinessdesk.com\/south-west\/news\/15658-55m-cheltenham-housing-scheme-approved","title":{"rendered":"\u00a355m Cheltenham housing scheme approved"},"content":{"rendered":"

A \u00a355m housing scheme in Cheltenham has been approved by the council’s planning committee.<\/p>\n

Wavensmere Homes and BBS Capital’s Arkle Court scheme plans to deliver 147 houses and apartments in the town centre.<\/p>\n

James Dickens, managing director of Wavensmere Homes, said: \u201cThere has been a desire to redevelop this key site for Cheltenham for over a decade. Receiving the green light from the Borough\u2019s planning committee will enable us to inject \u00a355m into delivering much-needed energy efficient homes and continue the renaissance of the wider St Paul\u2019s area.<\/p>\n

\u201cIt has taken years of partnership working to get to this point and our delivery will showcase what can be achieved when the Borough Council and developers work together to unlock complex regeneration schemes for the benefit of Cheltenham.”<\/p>\n

The former Black & White\u2019s Coach Station site had previously been awarded planning permission for a supermarket and 143 homes in 2013.<\/p>\n

Construction of the 75 three-bedroom townhouses and 72 one and two-bedroom apartments is expected to commence within months, once the section 106 agreement for the regeneration scheme is in place.<\/p>\n

Nick Spencer, director and co-founder at BBS Capital, added: \u201cWe are thrilled this landmark brownfield site can now finally be redeveloped to deliver highly sustainable family houses and apartments, with over 100 construction jobs to be created in the process.<\/p>\n

\u201cWhile the viability assessment for the project did not allow for 20% affordable housing, we will proudly be delivering this allocation on-site, along with a contribution of over \u00a31m towards upgrades towards local education, libraries and the Chilterns Beechwoods Special Area of Conservation.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Construction now expected to start on brownfield town centre site within months<\/p>\n","protected":false},"author":18,"featured_media":15659,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"coauthors":[81],"class_list":["post-15658","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property","tag-gloucestershire","tag-top-story"],"yoast_head":"\n\u00a355m Cheltenham housing scheme approved - South West<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.thebusinessdesk.com\/south-west\/news\/15658-55m-cheltenham-housing-scheme-approved\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u00a355m Cheltenham housing scheme approved - South West\" \/>\n<meta property=\"og:description\" content=\"Construction now expected to start on brownfield town centre site within months\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.thebusinessdesk.com\/south-west\/news\/15658-55m-cheltenham-housing-scheme-approved\" \/>\n<meta property=\"og:site_name\" content=\"South West\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-16T06:34:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.thebusinessdesk.com\/_files\/images\/aug_24\/Housing-Visual-2-scaled-e1723788777444.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2092\" \/>\n\t<meta property=\"og:image:height\" content=\"1395\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Alex Turner\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Alex Turner\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.thebusinessdesk.com\/south-west\/news\/15658-55m-cheltenham-housing-scheme-approved\",\"url\":\"https:\/\/www.thebusinessdesk.com\/south-west\/news\/15658-55m-cheltenham-housing-scheme-approved\",\"name\":\"\u00a355m Cheltenham housing scheme approved - 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