Multimillion-pound investment approved for housing scheme

The West Midlands Combined Authority (WMCA) has approved a multimillion-pound investment to kickstart the regeneration of the Gateway site in Stratford-upon-Avon.

WMCA has agreed in principle to fund the construction of 118 new homes on the portion of the site fronting Birmingham Road and Arden Street.

The project will create 80 local jobs and provide affordable housing.

Richard Parker, Mayor of the West Midlands and chair of the WMCA said: “The Gateway site is an important regeneration project for Stratford-upon-Avon. This is a fantastic example of how we’re using our funding, in partnership with Stratford-on-Avon District Council, to unlock a development site that has stalled for too many years to provide the new homes and jobs that are desperately needed in all parts of our region.

“As one of the West Midlands’ key visitor locations, we’re delighted to be working with the district council as they take these first steps to deliver an exciting masterplan for a cultural quarter and all the benefits that will bring to the local and regional economy.”

Cllr George Cowcher, planning and economic development portfolio holder for Stratford-on-Avon District Council, said: “This is fantastic news for Stratford as it helps unlock one of three major problem sites in the town centre. It will not only generate new housing on a currently derelict site but also open up the opportunity to work closely with the Shakespeare Birthplace Trust to explore the potential for the development of a world-class museum.

“Bringing to life a new space in the public realm to celebrate the enduring legacy of William Shakespeare as well as the positive impact on the whole town of Stratford-upon-Avon, is to be welcomed.”