A deal to free up land around the Sixfields stadium in Northampton for redevelopment will be agreed by councillors next week.
In July, Northampton Borough Council announced plans to loan Northampton Town FC £12 million to expand the east and west stands of their football stadium and build new facilities, including a hotel and gym. To facilitate the stadium improvements, 300 new houses will be built on land next to the stadium.
Last month, the council approved a ‘land sale agreement’ with the club and next week, the authority’s cabinet will agree to acquire the land around Sixfields from its current owner, the Government-backed Homes and Communities Agency (HCA), at zero cost so it can be passed on to the Cobblers.
The leader of the authority, Councillor David Mackintosh (Con, Rectory Farm) said: “The football club is currently working up plans for its new stand, which we expect to receive within weeks.
“The developments, which also includes housing and a small-scale local retail development, will provide valuable facilities to support the Northampton Waterside Enterprise Zone and will, in time, enable the club to repay the loan.”
The deal with the HCA will also see the council take control of a large section of land next to the Northampton Indoor Karting Centre in Harvey Reeves Road.
The council said that site could be used for an office or industrial development.