Market Leads & Opportunities
Regeneration plans outlined by city council
A project to develop plans for the future regeneration of Leicester’s Stocking Farm and surrounding area have been announced.Leicester City Council has earmarked up to £500,000 from its capital programme to carry out feasibility studies, initial project development and public engagement on a range of proposals that could see major investment in the area.Initially, the authority aims to bring forward plans for key neighbourhood schemes and help kickstart a much wider initiative looking at regeneration opportunities in the north west of the city, including Beaumont Leys.As part of the first phase of work, the council will explore options for bringing Stocking Farmhouse itself back into use. The council-owned, locally listed building dates back to the late 19th century and is currently vacant.Alongside this, a detailed feasibility study will be carried out looking at the potential development of land and buildings around Stocking Farm Neighbourhood Centre.The potential to deliver new affordable housing on the estate will be investigated, with a focus on the potential to create an exemplar scheme for low carbon homes.Proposals to improve public realm, walking and cycling routes and way-finding in and around Stocking Farm will also be developed as part of the proposals.This will link to the city council’s successful bid for £33m of government cash form the Transforming Cities Fund.
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