The Elite Ayrshire Business Circle

The Elite Ayrshire Business Circle

Friday, 12 October 2012

South Ayrshire Council’s £9 million masterplan for Lochside gets green light

58 stunning, new and affordable homes for Council tenants in South Ayrshire are a step closer to reality, following the approval of a £9 million masterplan for Lochside in Ayr.
 
The masterplan paves the way for the demolition of nine maisonette blocks at Ferguson and Sloan Street, along with the lock-ups at Cowan Crescent and will also see the creation of vibrant open spaces and modern leisure facilities in the area.
 
 
Work on the exciting development could begin in less than 12 months time and the positive news reinforces the Council’s commitment to invest in the area, having already modernised three maisonette blocks between 2008 and 2011.
 
Funding from the Scottish Government has offered further possibilities and, rather than refurbish the remaining maisonettes, a new vision for this area of Lochside can now be realised.
 
The masterplan sets out how the impressive transformation will look (see artist's impression above), with a total government subsidy of £1.74 million and Council investment of over £7.2 million.
 
Leader of South Ayrshire Council, Councillor Bill McIntosh commented: “I’m delighted we can now move forward with this much anticipated and very exciting project. It’s a good news story and a superb outcome for Lochside.
 
“More importantly, it is affordable within the Council’s current business plan.”
 
Work on developing leisure facilities has already begun at the football pitches on James Brown Avenue and the Council anticipates that development work will start on the site in late 2013 – meaning that the first tenants could get the keys to their fantastic new, high-quality homes as early as spring 2015.
 
Councillor Philip Saxton, Portfolio Holder for Housing concluded: “We’ve delivered on a commitment to the people of Lochside and, in particular the tenants at the maisonette blocks there and they will soon move into the modern, high-quality and affordable homes they deserve.
 
“The Council’s decision is a positive result for them and for the whole Lochside community.
 
“I’d like to thank them for their patience as this ambitious vision moves from being a plan on paper, to an amazing dream come true for local residents.”
 
The costs associated with the development are £116,052 per unit, subsidised by £30,000 per unit by the Scottish Government.

Homes will be built on the land of the former greyhound stadium, Ferguson and Sloan Street.

In addition to the unit costs, the Council has budgeted for an element of additional cost, required for the provision of a new road access.

Other anticipated costs include providing home loss and disturbance payments, security and acquiring property from 12 private owners of flats within the nine maisonette blocks.
 
South Ayrshire Council is a Founder Member of the Elite Ayrshire Business Circle.
 



No comments: