Thurrock Council says it has not abandoned its £1.4bn Purfleet-on-Thames regeneration plan despite terminating a development agreement for the project.
Thurrock Council says it has not abandoned its £1.4bn Purfleet-on-Thames regeneration plan despite terminating a development agreement for the project.
The Essex authority confirmed it has ended a development agreement with Purfleet Centre Regeneration Limited (PCRL), a joint venture between Sanctuary Housing and Urban Catalyst, to deliver the project.
This follows PCRL finding it difficult to secure additional funding for the scheme.
The council’s redevelopment of Purfleet-on-Thames has the potential to deliver 2,850 new homes.
Work started on phase 1a of the scheme in March 2021. Sanctuary became involved in the Purfleet regeneration project when it took over original de