CPO Powers Secure Enterprise Zone Site

Communities Secretary Eric Pickles has confirmed a Compulsory Purchase Order (CPO) for the development of a 2.4 hectares scheme in Northampton Waterside Enterprise Zone.

The CPO is set to kick-start the transformation of the area, boosting the construction industry and creating new jobs in the trades. Plans include the building of 40,000 sq metres quality office space and six-storey Innovation Centre, which begins construction this summer.

Councillor David Mackintosh, Leader of Northampton Borough Council said: “Across our town we are seeing exciting Northampton Alive projects breathing new life into areas as we unlock their potential.

“There are real opportunities to invest in Northampton and our Enterprise Zone. This is another positive step as we bring together another site for redevelopment and new employment opportunities.”

WNDC now owns all of the vacant land, 5 commercial properties and 10 residential properties in St Peter’s Waterside. In addition, the Corporation is in advanced discussions with National Grid about the potential to include two adjoining Gasholder sites in the development plans.

Government Approves Northampton Enterprise Zone Site

The CPO is one of two that the Corporation has launched in the Northampton Enterprise Zone, with the other Order covering the Avon Nunn Mills site. A decision on that CPO is expected later this spring.

Chris Garden, WNDC’s Director of Regeneration said: “With its central location and transport links, St Peter’s Waterside is a perfect location for high profile office development.  We have been buying land in the area for some time, but this CPO means we have consolidated various sites and can press ahead with our plans.

“There will be cranes in the skyline this summer, with work starting on the first phases of development and demolition. Meanwhile, directly opposite the site, construction will be underway on Northampton’s new railway station. It is a defining period in the regeneration of the town.”

What is your reaction to the Compulsory Purchase Order given by Communities Secretary, Eric Pickles, to pave to way for new businesses as well as boost the trades? Share your thoughts by commenting here or raise your voice on our Facebook and Twitter pages.