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22/04/2016

£120m Redevelopment Programme Nears Completion In Stockton

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An extensive £120 million redevelopment programme is nearing completion in Stockton.

A 11-year project to transform the Mandale Estate region began in 2004

An agreement between Stockton Council, Barratt Homes, ISOS Housing and Keepmoat Homes has seen the area redeveloped with 891 new homes built.

The scheme, which was awarded the "Best Housing and Regeneration Initiative" at the 2014 Association of Public Service Excellence Awards, also includes a £1m park.

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Mike Roberts, MD of Barratt Homes North East, said: "In 2004, the Mandale Estate was in a dire state of repair, with almost half of the 578 units of residential accommodation in the area unoccupied.

"Since then however, it has been amazing to see the regeneration of not only the estate, but of the area as a whole, not to mention the annual benefit to the local economy of £1m in council tax and over £6m in spend in local shops.

"Now out of the 333 properties we have built, there are only two left to purchase, and there is now a fantastic community of happy homebuyers on the site. We are really proud of what we have managed to achieve and the positive impact this has had on the area."

(LM/MH)

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