1,600 flats earmarked for The Moor in Sheffield move forward as government announces £85m for stalled sites
“We can finally unlock sites that have been held back for too long and get on with delivering the homes, jobs and opportunity our communities deserve”
1,600 flats are set to be created near The Moor in Sheffield after the government announced £85m in funding for South Yorkshire.
The Chancellor has confirmed plans to progress the Moorfoot neighbourhood, which is expected to ‘unlock’ 1,600 new homes over the next five years.
The project will see the giant Moorfoot council office converted into hundreds of flats and new blocks on the former Wickes site.
The Treasury says the funding will also support growth in the Don Valley Corridor, help create employment space and housing in Rotherham Gateway at Parkgate and accelerate the delivery of sites near Sheffield station - dubbed the Innovation Spine - by ‘accentuating new top tier office, science and innovation opportunities, integrated with around 700 new homes’.
The money is from government’s City Investment Funds and will ‘go directly into the hands’ of South Yorkshire mayor Oliver Coppard.
It is made up of new grant, loan and long-term investment, the Treasury says. No breakdown of spending was given.
Oliver Coppard, mayor of South Yorkshire, said the money would unlock sites held back for too long.
“City Investment Funds mean we can finally unlock sites that have been held back for too long and get on with delivering the homes, jobs and opportunity our communities deserve,” he said.
“We can now confirm plans for Sheffield’s Moorfoot neighbourhood, which is expected to unlock 1,600 new homes, and progress our plans for more homes and employment sites at both the Sheffield Station Campus and Rotherham Gateway.
“This is about opening up opportunity on our doorsteps - so everyone in South Yorkshire has the chance to stay near and go far.”
Chancellor of the Exchequer Rachel Reeves said: “We are creating new jobs and getting stalled sites moving. It’s economic growth that the people of Sheffield will be able to see and feel.”