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Regeneration

Multi million pound housing regeneration scheme gets the green light

Residents living on the Myatts Field North estate are a step closer to seeing work begin on site following news of the government approval of a value for money review of the project.

This multi million pound redevelopment scheme will take five years to complete and is set to re-model and completely transform the 477 home estate and the surrounding area. Work is expected to begin on site by the end of the year, and the transformation will include:

  • Modernising and refurbishing 172 existing homes
  • Building 305 new homes for current residents in blocks to be demolished
  • A new landscaped park
  • A new community centre with new sports facilities
  • 146 additional new affordable homes provided
  • 357 additional new homes for sale
  • New streets and green spaces
  • The refurbishment of commercial units on the estate

Work to remodel the estate will bring a huge range of benefits for local residents, beyond the physical transformation of the estate, with training and employment opportunities for local residents at the core of this project.

Regenter Ltd (the firm delivering this multi-million pound scheme) aims to fill 50 per cent of jobs on the project with local residents over a 25 year period. They will be looking for people to work in construction, housing management, repairs, cleaning and grounds maintenance. There will be apprenticeship, trainee, and mentoring opportunities too.

Councillor Lib Peck, cabinet member for housing said: “Residents have worked closely with the council to devise a scheme that will transform the estate bringing huge benefits to local people for generations to come. I am delighted that we have taken a major step forward with this scheme to allow work to begin on site for the transformation to begin.”

Viveen Blair-Rodney, chair of the Myatts North tenant management organisation comments: “The life changing benefits that this PFI project will deliver means so much to this community. We have been involved since it began in 2004 and have worked very hard since then, giving up huge amounts of our time to try and secure better homes and a community that people want, and are proud to live in. It is now vital that we, as residents, have consistency and continuity as this exciting and life changing project takes place”.

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