Thursday, September 29, 2023
Sheffield appoints Castlemore as partner for regeneration scheme
The on-going and successful regeneration of Sheffield is set to take another major step forward with the announcement that Sheffield City Council has appointed Castlemore Securities Limited, one of the UK's largest private property developers, as its preferred partner for the £315 million development of a dynamic new riverside quarter in Sheffield city centre to provide over 1 million sqft (93,000 sqm) of new mixed use space.
The proposals are the latest in a series of high profile regeneration projects in Sheffield and will regenerate a significant and prominent part of the city centre known as West Bar. The scheme will include 500,000 sqft (46,500 sqm) of new grade A office space, 90,000 sqft (8,400 sqm) of new retail and leisure space, including a new foodstore, bars, restaurants and shops, a 240 bed 4 or 5 star hotel and 550 new apartments of which an element will be affordable. The proposals also intend to include new facilities for the University's School of Architecture that will also be open to the public.
Adjacent to a new section of the northern relief road currently being built, the site is triangular in shape and bounded by West Bar, Corporation Street and Bridge Street on the northern edge of the city centre, the site is 7.51 acres (3.04 hectares) in size and currently comprises a number of vacant and derelict employment sites and surface level car parking.
The proposals are the latest in a series of high profile regeneration projects in Sheffield and will regenerate a significant and prominent part of the city centre known as West Bar. The scheme will include 500,000 sqft (46,500 sqm) of new grade A office space, 90,000 sqft (8,400 sqm) of new retail and leisure space, including a new foodstore, bars, restaurants and shops, a 240 bed 4 or 5 star hotel and 550 new apartments of which an element will be affordable. The proposals also intend to include new facilities for the University's School of Architecture that will also be open to the public.
Adjacent to a new section of the northern relief road currently being built, the site is triangular in shape and bounded by West Bar, Corporation Street and Bridge Street on the northern edge of the city centre, the site is 7.51 acres (3.04 hectares) in size and currently comprises a number of vacant and derelict employment sites and surface level car parking.
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