A new public-private partnership has been launched which will deliver town centre and major housing regeneration in Harlow.
The Harlow Regeneration Partnership LLP is a 50/50 partnership between the council and Hill Group.
They have joined forces to deliver a programme of new homes as part of the ambitious regeneration of Harlow.
The partnership will deliver both council and non-council-owned sites for regeneration and development and provide either capital or revenue returns against these investments.
The partnership is formed on a non-exclusive basis, allowing Harlow to investigate other options for delivery where prudent and beneficial to do so.
Work will commence later this year, whilst the partnership will continue to explore options for delivering further town centre regeneration schemes.
These are in addition to the already government-funded schemes which will deliver a new bus station and Terminus Street, improvements to Broad Walk and the transformation of Playhouse and College Square with a new live performance venue.
Councillor Dan Swords, leader of Harlow Council, and Tom Hill, managing director of The Hill Group met in the town last week to launch the partnership.
Cllr Dan Swords, leader of Harlow Council said that the partnership agreement is part of making Harlow Council’s plans for a once-in-a-lifetime regeneration programme for the town a reality. He said: “This first partnership will be a major vehicle for delivering Harlow’s once-in-a-lifetime regeneration programme. The deal means that we can say to residents and businesses we are finally getting on with the job of delivering the town centre’s regeneration and building new homes.
“Harlow will be on site this year to start the town centre rebuild and on sites to build high-quality new homes for Harlow families.”
Tom Hill, managing director of The Hill Group said: “We are excited to bring the first sites through planning, with construction to begin in the near future. Hill has a strong track record of collaborating with local authorities to deliver large-scale regeneration, and we are committed to replicating these successes in Harlow, delivering high-quality homes, and revitalising the town centre.
“This collaboration is a significant step forward in Harlow’s journey towards a vibrant and sustainable future, and we are honoured to be a part of it.”
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