Last few residents made to sell up.
THE last residents of a virtually deserted estate have been issued with compulsory purchase orders by Coventry City Council.
Developers are poised to transform the site in Foleshill, Coventry, which has been repeatedly targeted by arsonists, with a pounds 5million regeneration scheme.
But the plans involve demolishing houses in Pridmore Road, Kingsfield Road and Maycock Road - and seven properties are still in private hands.
On Friday, the Evening Telegraph reported firefighters were furious after the latest blaze at the site tied up four crews for several hours.
Developers Orbit now hope to complete purchases of the remaining properties as quickly as possible.
Orbit development manager Alan Qunilan said: "We are committed to regenerating this rundown estate to provide a mixed community with good quality affordable homes.
"These homes will provide a range of housing for sale as well as much- needed affordable rented accommodation managed by a local housing association for those in greatest need of housing.
"We are also investing in the neighbourhood to provide a much-needed community centre."
Orbit began demolishing properties in preparation for redevelopment at the beginning of May.
Most people moved out months ago - but the housing association is still negotiating with seven owners.
The council has actually issued nine compulsory purchase orders but negotiations with two householders have been concluded since paperwork was completed.
An Orbit spokesman said the company had worked to address residents' fears about being unable to buy a new home for the value of their old property.
She said: "These residents now part-own and part-rent the new home and in time they have the opportunity to purchase further shares in the property when they can afford it until, ultimately, they own their home outright."
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|Publication:||Coventry Evening Telegraph (England)|
|Date:||May 30, 2005|
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