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Your Borough Of Poole

Former power station site becomes a flagship housing zone

The former power station site in Hamworthy has been confirmed as one of the flagship schemes in the Government’s new pilot Housing Zones programme.

The programme offers the chance to unlock brownfield land (previously developed land) that has the potential to deliver viable housing schemes through a long term investment arrangement.

The Government is making £200 million of loan funding available to the private sector at a much cheaper borrowing rate.

Following a joint bid by Borough of Poole and the landowners, Gallaghers/Lands Improvement Holdings, approximately £13.1 million has been earmarked for the former power station site. The loan funding, which is provided to the landowner and must be repaid, can be used for infrastructure and remedial work enabling the site to be developed for housing. 

The Government has announced 20 housing zones in England which could deliver up to 38,000 homes. There are plans to build up to 1,350 new homes on the former power station site.

Cllr Mike White, Cabinet Portfolio Holder for Planning and Regeneration, Borough of Poole, said: “This is very good news for Poole. The Government has listened to our concerns about the viability of delivering housing on the former power station site and is prepared to offer its support to us and the owners of the site to try to bring it forward sooner rather than later.”