An agreement for a housing development, intended to fund the renovation of a National League football club’s stadium, has received official approval. Southend-on-Sea City Council gave its consent for the construction of 805 residences at Fossetts Farm. This project is expected to generate between £10m and £12m, which the city’s football club will use to revitalize its long-standing Roots Hall stadium. Earlier in the current year, a prior proposal involving the construction of 1,300 homes within apartment complexes did not clear the due diligence process, due to concerns regarding the financial viability of those plans. This recently approved agreement will also be subjected to the due diligence procedure, and a fresh planning application must be presented to the council for consideration. During a cabinet meeting held on Thursday, Daniel Cowan, who serves as the Labour leader of the council, commented that reaching an agreement for the Fossetts Farm site had been “a very long time coming”. The Local Democracy Reporting Service reported his statement: “This will deliver much needed low-rise family housing. The other benefit is that it unlocks potential for the football club.” This summer, a consortium spearheaded by Australian businessman Justin Rees finalized its acquisition of the club, following the conclusion of an agreement with the previous owner, Ron Martin. Mr. Martin had previously expressed a desire to move the Shrimpers to Fossetts Farm; however, the consortium Custodians of Southend United (COSU) had previously affirmed that the club would continue to be based at Roots Hall, which has been its home since 1955. The council stated that this housing initiative would include a minimum of 20.75% affordable homes, a notable increase from the 13% allocated in the earlier proposal. Cowan remarked: “Without this deal the club may not exist and this is an opportunity for the city and the club to move forward in a positive way.” Post navigation Housing Development Approved for Former Car Showroom Site Slough’s Housing Crisis Revealed: Highest Homelessness Rate Outside London