Transformation of Towcester town centre gets planning approval
West Northamptonshire Development Corporation’s Planning Committee has approved a major regeneration scheme that will transform Towcester town centre.
The Moat Lane development includes the creation of new shops, offices and community facilities, as well as a new hotel, library, and decked car park. The scheme is breathing new life into a historic site along with renovating a collection of disused buildings in the town centre. An earlier phase of the scheme has already been completed, following the renovation of Bury Mount, an ancient medieval fortification, and the restoration of the Watermeadows, former private land now opened as a new public park.
The planning approval is subject to a number of matters that will be resolved by WNDC’s planning officers over coming months. They include technical issues relating to transport and the heritage of the site.
Councillor John Townsend, cabinet member for environmental policy at South Northamptonshire Council, said: “This is an exciting development and a positive step towards a brighter future for the town, which will be greatly enhanced by the regeneration of Moat Lane.”
Planning committee member, John Weir, said: “Other market towns will be in awe of what is happening in Towcester. The proposals will create a vibrant and safe market town for people of all ages. It will be an exemplar of what a market town should be in the 21st century.”
Adrian Arnold, WNDC’s Director of Planning Services, said: “Moat Lane is a truly unique development that is bringing the rich history of Towcester to life. It will generate over £40 million in private sector investment, bringing new jobs for local people, while providing first class community facilities in the heart of the town. It is a very complex development that requires a lot of consultation and detailed technical work. WNDC will be working with key partners and local people to resolve any outstanding issues and finalise the planning permission.”
The Moat Lane project is led by South Northamptonshire Council, Northamptonshire County Council and the West Northamptonshire Development Corporation. It has benefited from significant funding and support from these organisations as well as Northamptonshire Enterprise Limited, the East Midlands Development Agency and the Homes & Communities Agency.
Posted by: West Northamptonshire Development Corporation
