Market Leads & Opportunities
Landmark buildings and 450 homes among latest plans for Teville Gate, documents reveal
Worthing’s Teville Gate is earmarked for up to 450 homes, ‘landmark buildings’, supermarket and retail units, documents submitted to Worthing Borough Council have revealed. A letter from property agents Carter Jonas, acting on behalf of site owners Mosaique Capital Limited, outlined the latest plans for the dilapidated site in response to the council’s local plan consultation.The potential level of housing represents an increase in historic plans for Teville Gate, with previous owners Hanson Capital Management submitting plans for 229 apartments. The council’s investment prospectus – a guide for developers released earlier this year – suggested 400 homes could be delivered, alongside other leisure uses. Carter Jonas’s letter states a formal planning application is expected to be lodged in the ‘second half of 2016’, while the application could be debated by councillors early next year. The council’s notes, alongside the consultation response, state the application is hoped to be submitted in the autumn.Construction could start in 2017, if permission is granted.
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