Formal funding approval for more than £62m has now been approved by Milton Keynes Council to deliver the regeneration (Phase A) of the Lakes Estate and Serpentine Court.
Phase A will see more than 200 new council homes built in the Lakes Estate for residents of Serpentine Court.
In addition to the demolition of Serpentine Court and construction of new council homes, the regeneration of the Lakes Estate will create better quality environments, enhanced local parks and open spaces, as well as new community and commercial facilities.
MK Council will now begin putting together its documentation for the tender process to appoint construction partners, which are hoped to be onsite next summer.
Below is a timeline produced by Milton Keynes Council:
MK Council approval of timeline and funding July 2021 (complete)
Public Realm improvements April 2021- March 2022
Produce information for tender Sept 2021- Feb 2022
Detailed ground investigation Sept 2021- October 2021
Tender and works contract award Jan 2021- April 2022
Construction works August 2022- Oct 2024
Handover of new homes Oct 2023- Oct 2024
Demolition works of Serpentine Court Oct 2024- April 2025