The Business Magazine - B2B Business News - Site Logo
The Business Magazine March 2024
Read now
PICK YOUR EDITION

Portsmouth redevelopment plan gets green light from city council

30 October 2023
Share
The Business Magazine article image for: Portsmouth redevelopment plan gets green light from city council

Portsmouth city councillors have given unanimous approval for a scheme to redevelop an area north of the city centre, which includes 2,300 homes.

The plans also include a public park and 10,000 sq m of commercial space at the site, which covers space between Hope Street, Charlotte Street, and Commercial road.

READ MORE: Portsmouth shopping centre bought by city council in strategic move to enhance area

HampshireLive website reported that Nelson ward councillor Lee Hunt, cabinet member for resources, had said at the planning committee meeting: "This is going to be a UK first, the proposal here should evolve into one of the most sustainable districts in the UK and intends to be inclusive, biodiverse and eco-friendly for its community and visitors.

"It's the council’s aspiration for sustainable communities, better connectivity and greener travel."

The first phase of the project reportedly aims to construct two residential blocks for 550 homes and a public park spanning 7,000 sq m. Of those homes, 380 will be private ownership, 50 shared, and 120 affordable rent.

The second phase, it was reported, will see the remaining 1,750 homes realised and an additional 10,000 sq m of commercial space across ten different plots.

Towards the end of the meeting, the committee members reportedly approved a motion expressing their wish to assess requests for discharging planning conditions concerning building materials.

Visit Hampshire Biz News for bright, upbeat and positive business news from the county


Giles Gwinnett is a writer at The Business Magazine. He has been a journalist for more than 20 years and covered a vast array of topics at a range of media settings - in print and online. After his NCTJ newspaper training, he became a reporter in Hampshire before moving to a news agency in Gloucestershire. In recent years, he has been covering the financial markets along with company news for an investor-focused web portal. His many interests include politics, energy and the environment. He lives in Dorset.

Related topics

Related articles

Latest Deal Ticket

view more
Padel centre operator PadelStars (Hampshire)
has received investment from
Golf and leisure operator Dwellcourt Group (Surrey)
April 2024
UNDISCLOSED
Who's behind the deal?

Upcoming events

view more
01
May

South Coast Property Forum: Networking Lunch

Ennios Ristorante
Southampton
More info
23
May

Thames Valley Tech Forum: Networking Drinks

Malmaison Hotel
Reading, RG1 1JX
More info
06
Jun

South Coast Property Awards 2024

Hilton Southampton
Utilita Bowl
More info
12
Jun

Leadership Roundtable: Developing strategies for financial returns over the next decade

Herrington Carmichael, Farnborough Aerospace Centre, GU14 6XR

More info
18
Jul

Thames Valley Tech & Innovation Awards 2024

Reading FC Conference & Events
Select Car Leasing Stadium, Reading
More info
26
Sep

Thames Valley Property Awards 2024

Ascot Pavilion
Ascot Racecourse
More info
03
Oct

South Coast Tech & Innovation Awards 2024

Hilton Southampton
Utilita Bowl
More info
07
Nov

Thames Valley Deals Awards 2024

Reading FC Conference & Events
Select Car Leasing Stadium, Reading
More info
21
Nov

Hampshire Business Awards 2024

Farnborough International
Exhibition & Conference Centre
More info

Related articles