You are here: Home > News > 2007 > March > Land deal boost for Waterside scheme

Land deal boost for Waterside scheme

Archived press release

Date Published: 13/03/07

An exciting land deal is set to transform Aylesbury’s historic canal basin into a hub of new housing and mixed developments. AVDC has purchased land owned by British Waterways to provide new housing, restaurants and recreational facilities ...

An exciting land deal is set to transform Aylesbury’s historic canal basin into a hub of new housing and mixed developments.

AVDC has purchased land owned by British Waterways to provide new housing, restaurants and recreational facilities on the waterfront. The council has also agreed terms to buy The Ship Inn in Walton Street as part of its plans to transform the canal site south of Exchange Street.

The Aylesbury arm of the Grand Union Canal is a key part of the council’s Waterside scheme – an ambitious project to redevelop Aylesbury town centre, which will also create a new shopping area and theatre in Exchange Street and a new 525 space multi-storey car park and over 200 homes in Walton Street. Further east at Circus Field there will be a mix of residential development and a new canal basin with residential moorings.

AVDC now owns all the land in Exchange Street needed for the theatre and housing developments. In addition to its own offices and the car parks, the council is also in possession of land formerly owned by The Bucks Herald newspaper and Wilkins Solicitors, some of which has been used for temporary car parking over the past few months. The temporary car park, Bear Brook, is set to be decommissioned in April to allow work to start on the site for Aylesbury’s prestigious new theatre.

The council received a grant of £4.3 million from the Department for Communities and Local Government (DCLG) last year to fund the development of the canal basin and Circus Field and enable the council to complete the land deal with British Waterways.

Part of the 1.86 hectare canal site is currently leased by the Aylesbury Canal Society, which has a club house, car parking facilities and moorings in the canal basin. AVDC and British Waterways are in discussions with the canal society about providing new facilities for members at Circus Field.

No decision has been made about the long term future of The Ship Inn but it is expected to continue trading until a decision is made on the future design of the canal area.

Councillor John Cartwright, Leader of the Council, said: “This is a major step forward in the redevelopment of Aylesbury town centre. The canal basin is a fabulous setting with huge potential to become a successful and sustainable community. I am confident that we can create an attractive waterside development where local residents can live, work and relax and which visitors to our town will enjoy.

“Alongside a wide range of new high-quality housing will be canal-side restaurants and recreational facilities – a perfect complement to the new theatre. This will attract new residents and provide a wider range of housing choice for local people making it a place that people will want to live. It will also be a huge boost to local tourism, and to the economy of the town.”

A developer and design proposals for the canal basin project will be selected later this year.

Contact information

Telephone:

01296 585099

Email:

communications@aylesburyvaledc.gov.uk