The social housing organisation Riverside is set to invest £20m in Runcorn estates. The investment comes as part of Riverside’s Neighbourhoods Matter objective to transform Hallwood Park and Palace Fields estates in Halton Lea. The financial commitment spans 10 years.
The revitalisation of the Runcorn estates is intended to bring economic growth to the area. Riverside has commissioned Avison Young with Optimised Environments Ltd (OPEN) and Mott Macdonald to prepare an area renewal plan for Palace Fields and Hallwood Park.
The renewal plan will be shaped by community input, with events currently taking place to engage impacted tenants. Cheshire Police, Halton Borough Council, and other local housing associations will also be called upon for input.
Riverside hopes to engage the community on issues including education, transport links, accommodation, health and the economy. Following the initial work carried out, GVA, OPEN and Mott Macdonald will provide a more in-depth appraisal of the development and investment options identified in phase one, assessing desirability, visibility and ability to deliver. The work includes a specific consideration to assess equality as part of the process.
Dean Butterworth, Riverside’s Regional Director, said: “We are really pleased to be making this multi-million pound investment in these neighbourhoods, which we feel is necessary for the area to be sustainable and continue to grow.
“Halton Lea is one of just two areas in the country that the Riverside board has selected to make this massive level of investment. We are committed to supporting real change in the area with the area renewal plan spanning the next 10 years. We are working closely with key partners in the area to develop the plan ensuring a holistic approach to community investment.”