The former West Wight Middle School site is the subject of a delegated decision report issued yesterday by the Isle of Wight council.
The paper seeks approval for the council to negotiate with Spectrum Housing Group (SHG) as a special purchaser for the council’s landholding at the former school site in Freshwater.
Cabinet member for Economy, Cllr George Brown is being asked
To agree to treat with SHG as a special purchaser for the former West Wight Middle School site to enable the provision of affordable housing as set out in this report, subject to a further report to confirm that the council is achieving best consideration for the disposal.
69 per cent of affordable homes
The paper goes on to say that Spectrum plan to “provide 69 per cent of affordable homes at this site rather than the 35 per cent required by planning policy, potentially securing £1,093,455 of Homes & Communities Agency (HCA) funding for the benefit of providing affordable housing on the Isle of Wight, as well as providing a range of other additional benefits to the Island both during construction and into the future”.
Full details in the paper embedded below for your convenience.