'International interest' in vision to transform North Staffordshire town centre
The ‘once-in-a-generation' regeneration of a town centre has taken a further step forward. Developer McCarthy Stone has exchanged a contract to build an over-55s complex within the Ryecroft site in Newcastle-under-Lyme.
The company is now waiting for planning permission.
Its land director James Hanna said: “We are delighted to have worked in collaboration with Newcastle Borough Council over the last 18 months and we are looking forward to promoting our proposal for the Ryecroft site. Subject to receiving planning approval, we intend to create a new vibrant community for older people in the heart of the town centre and alongside the remainder of the wider regeneration plans.”
READ: Council to spend £2.6m on new plans for town centre sites Schemes to redevelop York Place, Midway Car Park and Ryecroft are being drawn up
READ: Council defends plan to build 4,512 homes across Newcastle borough Bosses at Newcastle Borough Council were grilled on the final draft of the local plan, which includes site allocations for 4,500 homes
The scheme is part of the wider redevelopment of the Ryecroft site, which will include the 450-space Castle car park and a 100-bed hotel.
Deputy council leader Stephen Sweeney said: “This is a £30 million process which will eventually see the Ryecroft and York Place area contain homes, offices, shops and a hotel, plus public open spaces between Ironmarket and Merrial Street. Add the plan for more than 100 apartments at the Midway site and there is an exciting vision coming together.”
Plans for York Place are also progressing.
Council leader Simon Tagg said: “There has been national and international interest in the Ryecroft redevelopment and I am delighted that such a prestigious provider of homes is coming to Newcastle. The Ryecroft redevelopment is taking shape and along with other major developments which are going to change the landscape, this is going to boost our town centre economy and make it a more vibrant place to be.”
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