Countryside Partnerships has exchanged contracts with Tesco on a 12.8-acre brownfield site in Sleaford with a view to building 122 new affordable homes, five First Homes and a 66-bed care home.
They will also be providing a new county standard bowls green and club house to replace the ageing facilities currently on site.
The regeneration project will transform the former industrial site, previously used for seed processing, into much-needed housing with a mix of two-, three- and four-bedroom family homes for the area. The First Homes are market-sale properties discounted by at least 30% and available to first-time buyers meeting certain eligibility criteria.
The land is allocated for mixed-use and residential development in the Lincolnshire Local Plan, adopted in April 2023. Countryside now expects to submit a Reserved Matters planning application in the first half of 2024 with a view to starting work later in the year.
Lee Parry, MD of Countryside Partnerships North East Midlands, said:“Redeveloping brownfield sites such as this one in Sleaford is hugely important in helping to tackle the crippling shortage of affordable homes across the UK. Our planning team cannot wait to get into the finer planning details with a view to transforming this former industrial site into an attractive and welcoming place to live for the local community.”