A compulsory purchase order that can force the sale of land needed for a £42m regeneration scheme in Sheffield has been approved as a ‘precautionary measure’, the deputy leader of the city council has said.
The land concerned currently belongs to Tesco and is located at the Fox Valley site in Stocksbridge.
In January Tesco announced that it would not be building a planned store there due to national cutbacks.
Developers for Dransfield Properties have come up with an alternative plan, to create an Aldi there, but the land has not yet been sold.
Yesterday the council’s cabinet agreed to authorise a compulsory purchase order that could force the sale of the site if required.
The meeting heard there was a ‘compelling’ case to authorise it given the significance of the multi-purpose scheme.
But Coun Leigh Bramall, deputy council leader, said: “I have had a lot to do with this and everything is going well in terms of negotiations - so this is just there as a precautionary measure.”
Aldi has signed up to be the anchor store at Fox Valley, which is to include shops, offices, a café and restaurant, as well as new housing and is funded by more than £8m of EU money.
It will be the biggest Aldi store ‘in the region’ and create at least 30 jobs. Tesco would have created 250 jobs.