Redrow Homes has bought a former cattle market site in Stratford-upon-Avon and plans to redevelop it into a multi-million pound regeneration scheme.

The housebuilder has bought the 6.75 acre in the centre of the town, off Alcester Road, and has planning consent to build 197 homes in a mix of flats and townhouses, including 59 social housing units. The development will also include 34,000 sq ft of retail and office space.

Redrow Homes will retain part of the site’s heritage by integrating one of the many horse troughs placed around the town between 1850 and 1900. It will also contribute to improved local education and transport links.