Published: October 1, 2020 | Updated: October 1, 2020
New homes and jobs planned as council buys 40-acre site following £5m from Dorset LEP
Redevelopment plans are to move forward after the purchase of a 40 acre site in Poole – the largest brownfield regeneration site in the South West – by BCP Council.
It follows a successful £5m Local Growth Fund investment from Dorset Local Enterprise Partnership (LEP).
Situated in Hamworthy, on the waterfront at Poole Harbour, the site was left empty following the closure of the former Holes Bay power station in 1994.
Being in close proximity to Poole town centre, the commercial Port of Poole and neighbouring residential areas, it has since been designated as an important area for future regeneration and investment by the council.
Now it’s in the ownership of the local authority, plans for redeveloping the area can proceed.
It will see a major investment from the council, which will deliver up to 830 new homes for the community, as well unlocking employment land, creating new jobs and commercial opportunities.
Jim Stewart, Chair of Dorset LEP, said: “This is great news for the people of Poole and the wider community.
“Fulfilling a key priority for Dorset LEP, the funding that we have secured for the acquisition of this specific site will ensure the delivery of additional housing in Dorset, stimulate further investment in the region and breathe new life into the local area.’’
Cllr Mark Howell, BCP Council’s Portfolio Holder for Regeneration, Culture and Economy, said: ‘’This is a huge step forward in our ambitious plans for Poole.
“We can now proceed in making a significant investment in a new community development which is economically, environmentally and socially sustainable.
“This will contribute to the revitalisation of Poole town centre and Hamworthy’s local centre, as well as strengthen Poole’s tourism offer.’’
Cllr Kieron Wilson, Portfolio Holder for Housing, added: “I am delighted that the council can now move forward with delivering a vast number of new homes at this long derelict site.
“This will include high quality sustainable housing for the local community, which can be an exemplar nationally and be delivered in line with our agenda to tackle the climate and ecological emergency.”
The project is part of Dorset LEP’s further investment in the important business region which is already benefitting from the £21.8m Port of Poole programme of infrastructure works to improve access to the area, including the port.