Renewed hope for 拢150m city centre regeneration
- Published
Plans for a 拢150m transformation of a city area are to be submitted by a developer for a third time.
Hawksworth Securities want to develop the North Westgate area of Peterborough.
Chairman Peter Breach told 大象传媒 Radio Cambridgeshire he was "excited" that a new application would be submitted 鈥渨ithin weeks鈥 to Peterborough City Council.
He said proposals included a new hotel, student accommodation, offices and apartments, with ground floor space allocated for pubs, restaurants and shops.
The site extends from Bourges Boulevard across to Lincoln Road, and from Bright Street on the north side to Westgate at the south.
The developer鈥檚 first application in 2003 - which focussed on more retail spaces, including a cinema - was rejected and a second was submitted in 2015 and approved in 2018. But it lapsed three years later.
The developer said a great deal of work has gone on in the background over the years as he described it as a 鈥渃omplicated scheme.鈥
Following consultations and analysis, the development plans have been altered to provide more accommodation instead of retail spaces.
"The demand is very much there for it (accommodation),鈥 Mr Breach said.
鈥淲e started planning this a decade ago, with our first planning application in 2003.
鈥淭here is nothing more difficult to do than a city centre regeneration and we are working hard in the background to put something forward to the city council very soon".
Mr Breach said the firm had assembled a 鈥済ood group of consultants鈥 including environment specialists and architects backing the project.
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