The Argus‘Eyesore’ tower to be revamped in multi-million pound plan (From The Argus)

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‘Eyesore’ tower in Worthing to be revamped in multi-million pound plan

The Argus: ‘Eyesore’ tower to be revamped in multi-million pound plan ‘Eyesore’ tower to be revamped in multi-million pound plan

A nine-storey “eyesore” will be the subject of a multi-million pound development after escaping the clutches of a demolition team.

The former Lloyds TSB building in The Causeway in Field Place, Worthing, will be converted into 44 affordable flats.

Planning permission for a further 40 homes on a neighbouring two-storey site is already being sought and is likely to go on the market at the start of the summer.

The tower, which has been vacant for four years, had been set for demolition to make way for a redevelopment consisting of 154 apartments, 22,000 square feet of shopping space and a 300 space car park.


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But property sales team Michael Jones agreed to let the existing building to London-based URB Group.

Work has already started on transforming the Lloyds tower and apartments will go on the market next year for first and second time buyers.

Managing director Michael Jones said: “They are going to be converting it into apartments to sell and they should be coming on to the market next year.

“It’s very exciting, they are going to create some amazing apartments.

“They have done some great conversions in South London and now they are bringing that down here.

“The site is going to be converted rather than demolished.

“We had the site on the market and there was some interest in it but it was a bit complicated and so we sat down with our clients and they were very receptive to the idea of converting the site.

“We put it back on the market for conversion and it went within a couple of days.”

Tim Vaid, owner of the nearby The Strand Bakery, said: “I am amazed that it has been sold after all this time.

“It’s a horrendous concrete building, it’s been an eyesore standing idle for a long time.

“I believe it was the cost of the demolition that was putting people off.

“But it’s good news if they are going to convert, it is a good thing for the area.”

Comments (6)

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8:09am Sat 19 Apr 14

NathanAdler says...

So according to Michael Jones the apartments are going to be "amazing". I read this as they are going to be really swanky and a bit of a des res. Yet The Argus state they will be "affordable".

One of them, therefore, must be lying.
So according to Michael Jones the apartments are going to be "amazing". I read this as they are going to be really swanky and a bit of a des res. Yet The Argus state they will be "affordable". One of them, therefore, must be lying. NathanAdler
  • Score: 5

8:33am Sat 19 Apr 14

Take it Personally says...

It looks like a mini Sussex Heights
It looks like a mini Sussex Heights Take it Personally
  • Score: 9

8:55am Sat 19 Apr 14

wizzywozza says...

I remember when it was built. Both me and my sister worked in there. It's much bigger inside than it looks, so I reckon the apartments will be quite big.
I remember when it was built. Both me and my sister worked in there. It's much bigger inside than it looks, so I reckon the apartments will be quite big. wizzywozza
  • Score: 8

12:57pm Sat 19 Apr 14

Spooky Sue says...

I remember being on the school field and looking at the time on the big digital clock, it was so cool at the time. I am glad that they are not demolishing it now and that someone mentioned Sussex Heights , because this building is only a few hundred yards from my house and for the past 2 years we have had a family of peregrines living there. It was amazing last summer to have the privilege from my back garden and lounge window to watch and listen to the babies gradually move closer to the edge and eventually fly, it is also lovely to watch the adults swirling overhead and feeding each other, it also seems from recent activity that they might be nesting again so we are hoping for more babies.
I remember being on the school field and looking at the time on the big digital clock, it was so cool at the time. I am glad that they are not demolishing it now and that someone mentioned Sussex Heights , because this building is only a few hundred yards from my house and for the past 2 years we have had a family of peregrines living there. It was amazing last summer to have the privilege from my back garden and lounge window to watch and listen to the babies gradually move closer to the edge and eventually fly, it is also lovely to watch the adults swirling overhead and feeding each other, it also seems from recent activity that they might be nesting again so we are hoping for more babies. Spooky Sue
  • Score: 14

8:19pm Sun 20 Apr 14

John Steed says...

profit is the only thing that has held up redevelopement, nothing to do with demolitions cost a return of 20% minimum has to be available, the market is on the up, the council will accept any scheme that is funded, and loss of office space is not a problem, win win win situation except affordable these days does not mean local will be able to buy these flats as first time buyers
profit is the only thing that has held up redevelopement, nothing to do with demolitions cost a return of 20% minimum has to be available, the market is on the up, the council will accept any scheme that is funded, and loss of office space is not a problem, win win win situation except affordable these days does not mean local will be able to buy these flats as first time buyers John Steed
  • Score: 1

6:37am Mon 21 Apr 14

sound_man says...

I remember the clock. Was 1996 or 1997 it was turned off? I'd love to see it return in a redevolpment of what is a locally iconic landmark
I remember the clock. Was 1996 or 1997 it was turned off? I'd love to see it return in a redevolpment of what is a locally iconic landmark sound_man
  • Score: 3

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