THE £40 MILLION regeneration of Moat Lane in Towcester could start before the end of the year and has attracted one of the UK’s largest construction firms.
Today, Tuesday, March 27, members of South Northants Council, Northants County Council and the West Northants Development Corporation sat with executives from Morgan Sindall Investments during a presentation of the latest plans for Moat Lane.
The project has already seen the restoration the 11th century castle motte and the acquisition of 57 acres of the Easton Neston Estate which now forms the Towcester Watermeadows open space.
Along with the partnership’s architects, Chapman Taylor, they ran through the latest masterplan for the project, which includes; a new civic building which will become the new home of SNC, and a new library and registrars office to be run by NCC. The plans also include private office and retail space. Departures from the original masterplan also announced include; the consolidation of the proposed Mill House hotel into one building, the consolidation of civic building into one building, and the removal of a decked car park in favour of on-street parking along Northampton Road. After further consultation a full planning application could be submitted within the next few months, with preparatory demolition work starting before the end of this year. The new council office could be ready for use by Spring 2014.
Peter Mawson, chief executive of WNDC said it was key moment and added: “It expresses confidence in Towcester, a real demonstration of how public and private can achieve despite the economic climate.”