The University of Northampton has announced a landmark deal that could see it move to a new £330 million campus.
Officials stated that an agreement has been met for the university to build on a stretch of land next to the River Nene and plans have been moved closer as the institute has completed a land deal which was brokered by West Northamptonshire Development Corporation. The new site is located within the Northampton Enterprise Zone and covers 20 hectares of land alongside the river. Once completed, it will be able to provide improved facilities for students and staff alike for the academic years to come.
The university is currently situated in Kingsthorpe and officials are looking to move the Park Campus to the Avon Nunn Mills site which is currently derelict land. The relocation is designed to create a more economically-viable campus that will help to attract more students to apply to study at Northampton in the future. The university now has four years to submit plans and funds to ensure that the project goes ahead. If all targets are met building work could begin in 2015 with a completion date earmarked for 2020.
A spokesperson for Taylor Wimpey and Persimmon, which currently owns the land along with Avon Cosmetics, said "This is a groundbreaking agreement that we have reached with the University of Northampton and we will be doing everything we can to see the dream of the new campus becoming a reality. We are committed to the economic growth of Northampton and look forward to working with their major projects team on this exciting regeneration."
Northampton is in the midst of a number of construction tasks with both the town's rugby and football clubs looking to redevelop and expand their stadiums. Northampton Town FC have been in talks with Northampton Borough Council and the Homes and Communities Agency (HCA) to improve their Sixfields Stadium. Northampton Saints are looking to expand their Franklin Gardens ground from a capacity of 13,500 to 15,000 to accommodate more spectators.
Contact us for a security fencing quote