The vision for a regenerated, modern and thriving Barne Barton estate in Plymouth took a major step forward today following the purchase of 120 homes by Sanctuary Housing.
Social landlord Sanctuary has finalised a landmark deal for the ten blocks of maisonettes following negotiations with previous owners Aviva and Quintain.
The purchase means Sanctuary can now start working up plans for a multi-million pound regeneration programme, which will see the ten blocks demolished and replaced with a mix of high-quality new housing, transforming the estate.
This will begin with the launch of a consultation process in the New Year where residents and other local stakeholders will be invited to share their opinions on a range of design proposals for the estate.
News of the agreement follows an extensive consultation by Sanctuary earlier this year with residents from the homes on Talbot Gardens, Savage Road and Roope Close.
During the process, residents were asked to provide their views on two major investment options from Sanctuary, purchasing the blocks and regenerating the estate with new homes, or refurbishing the existing properties to a modern standard.
Feedback was in support of regeneration and the first step was for Sanctuary to acquire ownership of the homes, which is now completed.
Peter Martin, Sanctuary Group Director - Development, said: “Today is a day of celebration for the Barne Barton community and a hugely significant milestone in our plans to transform the homes we now own on the estate.
“Since we outlined our planned investment earlier this year, we made a commitment to listen to residents and use their feedback to help shape the future of their homes. They told us they wanted to see the estate regenerated and we have worked tirelessly to secure the purchase of the blocks which will allow us to make this happen.”