Artist impressions of how the new Moor Lane and Walker Street tower block will look A wrangle over the volume of affordable housing that should be generated
Preston Animate cinema reaches highest point in constructionA wrangle over the volume of affordable housing that should be generated by what will be one of the tallest apartment blocks in Preston has been resolved.
In order to break the deadlock over a future review, the authority suggested an alternative deal under which the developer will pay £604,531 into a pot that the city council holds to fund affordable housing – a figure which equates to a 15 percent cash contribution, compared to the 30 percent that would be required under normal circumstances.
“We are looking forward to creating quality apartments in the heart of Preston’s growing university quarter and are excited to be able to help the city grow in its ambitions to cement it’s place as the North West’s third city.
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