The Tithebarn Gateway project, which is home to 124 apartments, has finally been approved in its entirety by Preston City Council
An 11-storey apartment block in Preston city centre has inched closer to becoming a reality after a long-running wrangle over affordable housing was finally resolved. It comes after members of Preston City Council’s planning committee gave the go-ahead to the 124-property Tithebarn Gateway project, opposite the bus station, in July last year.
However, the permission granted by councillors hinged on whether an agreement could subsequently be reached between the authority and the developer about what should happen if the scheme – on land bound by Tithebarn Street, Old Vicarage and Bishopgate – ended up being more profitable than initially expected.
The development – which will involve the demolition of the largely disused single-storey parade of shops and rooftop car park that currently stands on the plot – was approved by the committee after members were told that city planners had accepted a claim made by the applicant that the project would generate only around five percent in profit. That is far short of the 15-20 percent that national planning guidelines state developers should be expected to make on their schemes.
However, the city council insisted on a “review mechanism” being agreed as a condition of the permission – meaning that payments to compensate for the absence of affordable housing would be secured if more money was ultimately made from the sale of the properties than was forecast.
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