THREE major redevelopment projects which have stalled in the current economic climate could get Government cash to help get them up and running.
The three schemes, in Crayford, Sidcup and Belvedere, all contain large amounts of housing, which qualifies them for the Government’s Kickstart programme.
A key to their qualification is builders would be able to start work this year.
The Crayford town centre redevelopment, based around Crayford Town Hall in Crayford Road, has asked for £14,667.
This scheme involves up to 145 new flats in a mixture of affordable rents, for sale and low-cost ownership, as well as new shops, a library, a health centre and a community hall.
It also involves the controversial plan to convert the town hall into a restaurant with flats above.
The redevelopment of Athena House, an office block in Station Road, Sidcup, has asked for £7,301.
Cathedral Group is behind the project which will provide up to 98 homes.
The plans were approved following a planning appeal by developer Cathedral, after Bexley Council had turned down the brass-clad building up to nine storeys high.
One councillor described it as “like a pile of biscuit tins”.
Norman Park in Belvedere is the third Bexley development on the shortlist for cash.
This is a 12-acre site on the edge of the Belvedere industrial area.
It has permission for up to 90 homes, plus a restaurant, a hotel, offices, a petrol station and a supermarket.
It has asked for £4,779.
The schemes will now undergo a final assessment before a decision is made.
The Government has said it expects nearly half the money to be repaid within five years.
Housing minister John Healey said: “I will be calling on successful developers to pull out all the stops so construction can restart as quickly as possible.”
A council spokesman said: “The Crayford town hall scheme is central to our plans for attracting investment and modern community facilities in this part of the borough.
“We now need to do everything we can to ensure these three bids are successful.”
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