A prestigious government-backed development company could join forces with Worth…

0
17


A prestigious government-backed development company could join forces with Worthing Borough Council to revive a key site in the town.

The innovative proposal would see the Council and the company bring forward proposals for new homes, jobs, retail and possibly a cinema at Union Place in a partnership.

In a report to go before Council leaders next week it is recommended that the current small open-air High Street car park is sold to LCR which would then allow the company to enter a ‘land-pooling agreement’ with the Council. The Council would retain ownership of the majority of the land and continue to operate the car park.

The report, to go before Adur & Worthing Councils’ Joint Strategic Committee next week, sets out recommendations to revive Union Place after more than a decade of dereliction. Worthing Borough Council stepped in to buy the site from its private owners earlier this year in an effort to bring fresh impetus for development. It promised to search for a partner to help bring plans to fruition.

Find out more: http://adwb.co/Md4Dw




Source