THE next stage of the regeneration of Tipner has begun as a developer is sought to build the first 80 new homes there.
The Homes and Communities Agency is looking for a development partner to build and market the first homes at the former PD Fuels site.
It is part of the first phase of regeneration work at Tipner which aims to bring more than 1,500 new homes and jobs to the city.
It comes as work continues by Portsmouth City Council to create a motorway interchange and park and ride nearby.
Kevin Bourner, the head of area for the Homes and Communities Agency, said: ‘This first phase of development marks an incredibly important step for a project which stands to make a hugely positive contribution to the local community and wider economy over the long term.
‘It will set the standard and tone of the rest of the development and demonstrates to those who have backed the project for so long that progress is being made.
‘This is a complex project, which has required a great deal of work to get to this stage.
‘I am confident that prospective partners will see what a fantastic opportunity this represents to be part of an exciting scheme that has the potential to regenerate the area for future generations.’
The site has undergone an extensive clean-up over the last year, with the Homes and Communities Agency forking out £3m to prepare it for residential development.
Kathy Wadsworth, the director of regeneration at Portsmouth City Council, added: ‘We welcome the progress on the PD Fuels site and the Home and Communities Agency’s major contribution to the overall Tipner project.
‘Tipner will be an important new residential and employment area at the gateway to the city, with major new transport infrastructure and waterside developments.
‘It is a major part of our plan to bring £1bn worth of investment into the city.’
The council started work in January on construction of a new junction and bus lane along the M275.
The work is scheduled for completion early next year.