Plans for the Goods Yard, involve creating a mixed-use community for new homes, works spaces, shops, bars, cafes and a new public square at the Swift House site.

The project is advancing after receiving £16m from the Government’s Levelling Up Fund – one of three regeneration projects to benefit in Stoke-on-Trent up to the value of £56m.

Tim Heatley, co-founder of Capital & Centric, said: “We’ve been floored with the reaction from Stoke-on-Trent and the positivity shown for the Goods Yard. We’ve designed every inch of the site to create a genuine community, with design-led new homes surrounded by new public spaces, shops, work spaces, bars and cafes.”

Capital & Centric are working in partnership with Stoke-on-Trent City Council to bring forward the landmark project.

Cllr Abi Brown, leader of the city council, said: “Being successful with not one, not two but three bids to the Levelling Up Fund was a fantastic result for our city, and a real vote of confidence in the direction we are moving. The funding will turbo charge our regeneration plans and provide new jobs, homes and investment into our local economy.

“Obviously the Goods Yard was the focus of one of our successful Levelling Up Fund bids and it’s exciting that Capital & Centric have kept the momentum going by submitting their planning application.

“This is a HS2 connected site with a massive amount of potential, and one we have been pushing forward as a fantastic development opportunity to the market for the last four years.”