Worthing Borough Council has announced a multi-million pound move to purchase Union Place in the town centre.
The council said they have been ‘frustrated with the lack of movement’ at the site, and want to bring forward major plans within the next 12 months.
They have used £3.5 million of money secured through the Coast to Capital Local Enterprise Partnership to buy the plot from Change Real Estate Ltd.
The land, opposite Waitrose and next to the Connaught Theatre, will now be used to develop a viable redevelopment scheme, which the council said will provide jobs, homes and recreational space for those living in the town.
Councillor Kevin Jenkins, the council’s executive member for regeneration, said:
“All options are open to us at this stage.
“The only thing that is certain is that we are getting moving with the long-term regeneration schemes that have been stalled for many years.
“With progress on Teville and the former Aquarena as well as ambitious plans to transform the town centre, work on Building Worthing is progressing at great pace.
“This will then bring yet more investment into the town, which is good news for residents, businesses and visitors.”
The bid follows the council’s decision to demolish the Teville Gate multi-storey car park for private development on the site.
Union Place was previously the home of Worthing’s police station, but it was closed and demolished in 2009.
The council said for years, it has sat dormant as viable schemes to revamp the area failed to materialise.
Councillor Dan Humphreys, leader of Worthing Borough Council said:
“For too long residents and businesses in Worthing have waited for firm proposals to come forward for Union Place.
“But in order to provide local people with jobs and homes we need to get moving on this.
“I look forward to being able to move quickly, but responsibly in finding a partner to bring this long-awaited project forward.”