Hull City Council has today (Thursday 15 March) published a decision record to confirm it will seek to acquire derelict land on the East Bank of the River Hull to support the delivery of up to 850 sustainable and affordable new homes.
The decision record also confirms the Council will enter into contract with Homes England to receive grant funding of £5.7 million, to support the acquisition of the former Clarence Mill and the Northern Divers sites, construct 117 affordable homes and support the delivery of a further 733 units.
Homes England own land to the south of the East Bank, which is currently a car park, meaning the majority of the area would be in public ownership and available for major development.
Councillor Martin Mancey, portfolio holder for economic investment, regeneration and planning, said: Were delighted to have secured this funding from Homes England. It is a huge opportunity for the city to see a historically stalled development area rejuvenated and brought back to life with new homes, creating jobs and quality places to live.
The Fruit Market demonstrates a real demand for high-quality living in the city centre and the development of the East Bank is the next step in the continued regeneration of that part of the city as well as complementing the £27.4 million Hull: Yorkshire Maritime City project directly opposite.
This shows renewed confidence in Hull following the UK City of Culture and that Hull is delivering when it comes to providing new homes and regenerating undeveloped land.
Rob Pearson, general manager for the North East, Yorkshire & the Humber at Homes England, said: This is great news for local people, and I am really pleased that we have been able to help the Council acquire these two strategic sites this month which will not only provide much needed homes for local people but also make a real change to the city centre.
This acquisition will redevelop a key strategic site as set out in the adopted Local Plan and Housing Growth Strategy into a high-quality mixed use development consisting mainly of residential properties, alongside office and leisure uses.