Nick Davies, Director of Ravenscraig Ltd, said: “This is a momentous decision that will unlock Ravenscraig’s potential and help to attract more investment into this famous site. There has already been significant regeneration work over the last decade and we’re proud to say Ravenscraig is now a thriving community.
“This represents the beginning of the next phase of regeneration at Ravenscraig. With planning approval now granted, we will move forward with our ambitious plans to further transform the site, ensuring sustainability and inclusive growth are at the heart of our approach.”
The planning decision comes just weeks after initial works began on a new £3.7m public park at Ravenscraig. It also follows North Lanarkshire Council’s announcement of a £190M roads programme that will boost Ravenscraig’s regeneration.
Since 2006, a number of successful projects have been delivered on the Ravenscraig site. Hundreds of homes have been built, while there is also a state-of-the-art steel-framed college campus and major regional sports facility, as well as a hotel and pub/restaurant.
Ravenscraig Ltd is a joint venture between Scottish Enterprise, Wilson Bowden and Tata Steel.