New green open spaces will be created as well as new and improved walking routes into Preston from Queen Street and Church Street, providing better connections to the city centre.
Sandy Livingstone, executive director for property at Onward, says: “The redevelopment of the Horrocks Mill site is a clear opportunity to transform a key part of the centre of Preston, one of our great northern cities, and support the ambitious plans of the city council.
“Our plans for Horrocks Mill support our wider ambitions to deliver a transformative redevelopment of the area.”
Onward has a longstanding commitment to Preston having confirmed last year its decision to demolish the tower blocks at the nearby Queen Street and Avenham neighbourhood and replace them with modern homes that “better reflect local housing needs”. It all adds up to major investment plans.
John Chesworth, who chairs the Preston Partnership, agrees things are starting to happen in Stoneygate a lot quicker than many people thought.
He says: “When the masterplan came out it was received really favourably, people said ‘that’s great but is it really going to happen?’
“In and around the area we’ve now got The Exchange building not far off completion and Onward’s recent announcement of 380 homes at Horrocks Mill. What is important in terms of the delivery of that is the mix of housing. It is a really positive announcement.”
John believes it is a development that can unlock other opportunities as landowners in the area between the mill and St John’s Minster in the city centre start looking at what they can do.”
A successful city living strategy, getting people back into the heart of Preston, is an important part of its investment plan and John believes it is beginning to show signs of delivery.
Chris Blackburn, Preston City Council’s assistant director (head of city growth and regeneration), says the delivery of major schemes such as
Onward’s Horrocks Mill plan
Bishopgate have given the strategy impetus and showed the market it can make residential development work in the city centre.
He adds that the council is seeing planning applications for parts of Stoneygate as interest in the area mounts.
And he also points to the investment in regeneration projects such as the £45m Animate cinema and leisure scheme and the role they are playing in attracting the eyes of would-be investors, with the message that Preston is a place where things are happening.
Paul Walton, director and founder of Preston based consultancy PWA Planning, believes “momentum is building” in the city when it comes to residential investment, now schemes are being delivered.
He says: “There have been consents but they have not got off the ground. Now you can see things are starting to take off.”
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