THE regeneration of one of the most deprived areas in the borough is well underway, with proposals for new homes expected to be submitted shortly.
Developer Croudace Homes is expected to lodge a detailed planning application for 130 flats and houses on the Merland Rise Recreation Ground site, in Preston.
The multi-million-pound project involves demolishing the existing Banstead Sports Centre and building the new homes in its place.
Reigate and Banstead Borough Council sold the Merland Rise site to Croudace in order to fund the construction of a new state-of-the-art leisure and youth facility, which began last month.
Regeneration portfolio holder, Councillor Natalie Bramhall, said it was "all hands to the pump".
She added: "A number of developers wanted to buy the land but Croudace came up with what we thought was the best use.
"Now it's up to them to put in a more specific planning application."
The construction of the houses, said to range from one-bedroom flats to four-bedroom family homes, is scheduled to start in autumn 2015.
