The government has today (Feb 1, 2018) announced that the North Street Quarter development will receive £10million from the Housing Infrastructure Fund.
The Housing Infrastructure Fund is a government capital grant programme to help unlock new homes.
Council officers secured the funding following a competitive bid process. The £10 million grant will be used to fund infrastructure including flood defences and riverfront works, land remediation, and new highways and landscaping.
Councillor Andy Smith, Leader of the Lewes District Council, said:
“This announcement demonstrates that the government shares the council’s view about the importance and significance of the North Street Quarter development.
“It is transformative, not just in terms of the built environment, but also in the opportunities it creates for economic, cultural and social prosperity.
“The project will see 416 new homes constructed, 40% of these will be affordable, a health hub for 26,000 patients, 140,000 sq. ft of business space, a riverside promenade and underground public car park.
“This once in a generation development, will change lives for generations to come.”
The scheme was previously agreed by the South Downs National Park Authority (SDNPA) and a large team of experts are on site now discharging all the pre-commencement planning conditions. Additionally, John Gosnell & Co is soon to relocate to their new custom-built home on Malling Brooks Industrial Estate. Known as the ‘soap factory’, the manufacturer of cosmetics and home fragrances will move into the state of the art premises in the coming months.