North Somerset Council increases Walliscote Place funding ceiling by £300k
PUBLISHED: 12:30 21 April 2017
North Somerset Council will spend hundreds of thousands of pounds more than expected on its flagship housing project.
The council is converting Weston-super-Mare’s old magistrates court and police station, in Walliscote Road, into Walliscote Place – a high-end apartment complex.
The council has raised its budget ceiling on the development by £300,000 to pay for greater-than-expected planning and design costs.
The council is working in conjunction with the Government’s Homes and Communities Agency – which is spending £20million on housing projects around the town – to deliver the development.
Elfan Ap Rees, the council’s executive member for housing, rubber-stamped the decision.
The council purchased the sites in 2016, and wants to redevelop the area for ‘high-quality residential and commercial uses, and as a flagship project in the town centre regeneration programme’.
A council report read: “The sites are complex, with the court being a listed building and other listed buildings neighbouring the site.
“Commercial viability is also a challenge to ensure the required design and quality standards are met.
“Work has begun on the preparation of the planning application however it is clear that the sum allocated will need to be increased to adequately address the complexities.
“It is estimated that an increase of up to £300,000 will be required to cover the further architectural design, supporting technical and professional reports required for the planning application, and financial appraisal and modelling.”