Edan Investments, based in Canewdon, will build 72 flats with 74 parking spaces at the derelict Baryta House after taking advantage of new planning laws aimed at fast-tracking development of brownfield sites.
The new rules encourage developers to convert empty office space to housing by removing the obligation to provide any social housing or “section 106” contributions to local infrastructure/amenities.
Developers Pinnacle Southend Ltd are also using the revised planning laws to build 60 two-bedroom flats at the Pinnacle building on Victoria Avenue. The project is due to complete in late 2016, although homes are already on sale.
Finally, investment company Aldwych hopes to transform Victoria House into 47 flats and eight penthouses. The penthouses would be built on two new floors added to the building.
The eyesore Heath and Carby towerblocks are also under offer. If a sale goes through it will save Southend Council from having to use Compulsory Purchase Orders.