The final stage of the most significant regeneration project undertaken in Perth over the past decade is now in sight.
Urban Union has been appointed by Caledonia Housing Association as the developer for the last phase of the Muirton Park regeneration scheme.
Taking its name from a former landmark the site is adjacent to the old St Johnstone FC football ground the final phase will bring in £25 million of investment, taking the total cost to more than £40m.
The final stage cost includes £11m from Caledonia Housing Association, £6m of which will come from grant funding from the Scottish Government.
In this final phase 203 homes will be built of which 101 will be for sale, and 102 will be affordable homes for Caledonia Housing Association and Fairfield Housing Cooperative.
The project will start on site in spring next year with completion of the affordable homes scheduled for the end of 2018 and the private homes by summer 2019.
Phase one of the project was completed in 2007, with the second stage completed two years later, phase three finishing in 2011 and phase four being completed in April 2013.
Councillor Dave Doogan, the council’s convener of housing and health, said the significance of the announcement should not be underestimated.
“As a council we are very pleased at this significant step forward in the regeneration of the Muirton area,” he said.
“Residents are at the heart of the proposals, and the overall aim is to improve the quality of life of those living in the area and build upon the outstanding community characteristics of Muirton.”
Craig Kidd of the developers said they had a proven track record in delivering imaginative redevelopment projects.
“Urban Union is delivering large-scale regeneration projects in the Pennywell area of Edinburgh and Laurieston, Glasgow and we’ll be able to draw on our experience at these locations to bring a high level of expertise to the Muirton redevelopment,” he said.
“A key component of our proposal for Muirton is the development and support of the existing community as well as bringing superior architecture, urban design, and landscaping to the area.
“Urban Union are committed to delivering a development which the local community of Muirton and people across Perth can be proud of for generations to come.”
Extensive community consultation will commence on Wednesday December 16 from 10am to 7pm at North Inch Community Campus where residents will have the opportunity to view the proposals for the final phase.