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@Oliver Schick
Well, we'll have to see whether that approach delivers the envisaged benefits. I am in favour of public authorities owning land, and in this case the large site is already on that footprint. What I don't like is when they assemble very large sites from many smaller ones and plonk larger buildings on them (usually without any regard to the historic lines, as per estate building in past decades). Perhaps it'll be an intermediate step towards social housing.
As for St Ann's, it'll be key to integrate it well into the surrounding street network. Streets like Hermitage Road suffer terribly from rat-running, and permeability through the St Ann's site would have considerable implications for traffic movements in the area, so that all needs to be thought about in advance.