SHORTLISTED PARTNERS NAMED FOR SHEFFIELD RETAIL QUARTER

18 Sep

Sheffield City Council has released the names of the three development partners that have been shortlisted to be considered to work on the new £480 million city centre development.

The prospective partners are Aspire Development Management Ltd, Lend Lease Europe Holdings Ltd and Queensberry Real Estate. These companies will now proceed to the next stage of the selection process to be the development partner for the Sheffield Retail Quarter.

The next stage of the process will involve detailed discussions with each of the bidders on their proposals with the aim of selecting a preferred partner by early 2016. Councillor Leigh Bramall, the Council’s Deputy Leader and Cabinet Member for Business, Skills and Development said: “We are looking forward to meeting each of the bidders to discuss their proposals for the delivery of a modern, vibrant and transformational redevelopment that complements and enhances the existing architectural design of the city centre and surrounding area. The bidders have extensive experience in exciting, major developments in this country and internationally. We’re right on track to start work on site next year, with the majority of shops opening in 2019.”

An outline planning application for the development was submitted last month, which will see the area between Barkers Pool, Pinstone Street and Charter Square transformed with new shops, offices, restaurants and flats. Sheffield Retail Quarter could create around 2,500 jobs and bring in approximately an additional £300 million a year to the city centre that people currently spend elsewhere.

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