When this content has been published
Published on 16 February 2018
Major funding boost for Newton Abbot welcomed
A £2.5million funding boost to bring forward regeneration for a key Newton Abbot site has today been welcomed by Teignbridge councillors.
Teignbridge will receive Land Release Fund money to support its plans to release a long-term vision to rejuvenate council-owned land at Bradley Lane.
The announcement was made today by Ministry of Housing, Communities and Local Government's Housing Minister as part of a £45million cash injection for community projects nationally.
It also comes days after Teignbridge benefited just shy of £8million from the first wave of funding from the Housing Infrastructure Fund, helping unlock key projects including a new countryside park in Exminster and a link road, bridge and pedestrian/cycle ways in Dawlish.
There is a long-term goal to transform the Bradley Lane Industrial Estate into an attractive area offering improved employment facilities, office space and some housing.
The area is earmarked in the Local Plan as being suitable for development including 170 homes and a mix of business uses but because it’s a brownfield site there are some issues to overcome before spades can go in the ground.
This includes dealing with possible contamination and remediation from previous industrial use and putting in additional flood prevention measures. The Land Release Fund money will support Teignbridge in overcoming these barriers and unlocking its future potential.
Teignbridge District Council’s Leader Cllr Jeremy Christophers said:
“This is absolutely fantastic news for Teignbridge. Bradley Lane is in our Local Plan and is an area we are eager to get cracking on. This gives us an opportunity to move our ambition for Newton Abbot on and get stuck into the work more quickly. What we are excited about is the potential for creating new homes particularly for people to get onto the property ladder. One of the reasons the council was awarded this money is because it has a proven record of delivering for the people of Teignbridge and this marks another positive and exciting step in the right direction.”
Teignbridge District Council’s Ward Member for Bushell, Cllr Jackie Hook, said:
“This is great news. The regeneration of the Bradley Lane area has been long awaited. Affordable housing near the town centre is needed and will be popular with all age groups. We need to mindful however, that there are existing uses at Bradley Lane that are providing much needed jobs, and that an agreed solution for those uses must be found. New housing must be matched by an increase in quality jobs in Newton Abbot."
A scheme to regenerate the Bradley Lane area was first identified in the Newton Abbot Town Centre Regeneration Study published in 2010. It was highlighted as one of the best town centre sites for a balanced mixed use development with community benefits.
Over time Teignbridge has made some strategic acquisitions to positively influence the future development of Newton Abbot, meet the challenges of providing homes and jobs that suit people’s skills and lifestyles and deliver real benefits for the district. This includes acquisition of the former Launa Windows building in Bradley Lane in 2012 and the £13million acquisition of Market Walk Shopping Centre in 2016.
The funding application was submitted by a partnership of Devon councils and public authorities.