North Kesteven District Council has approved a £55m regeneration project at the Sleaford Maltings site in Lincolnshire, UK.
The Maltings site currently consists of six Victorian-style red brick towers that have been mostly unoccupied for nearly 50 years.
The regeneration will be executed by developer Gladedale Special Projects in association with Allen Tod Architecture, English Heritage and North Kesteven Council.
Plans for the site include construction of 204 flats, 24 houses, restaurants, a children’s play area, shops, office space and parking, according to the Lincolnshire Echo.
The project will also allocate £168,000 for local bus service improvement and £82,000 for transport infrastructure, as well as funds for public open space and environmental projects.
Construction is expected to begin in late 2011.