Sheffield City Council has chosen Queensberry Real Estate as the preferred strategic development partner for a major mixed-use regeneration project.
The Sheffield Retail Quarter scheme, estimated to be worth £480m, will bring world-class shopping, leisure, residential and office opportunities into the heart of the city.
Leonard Design Architects headed by David Leonard are the lead designers for the scheme.
Councillor Leigh Bramall, deputy leader of Sheffield City Council and Cabinet Member for Business and Economy, said:
“We are delighted to announce Queensberry Real Estate as preferred bidder to become our Strategic Development Partner for Sheffield Retail Quarter.
“This is a key milestone and a significant step forward in the delivery of the scheme, which will provide a transformational development in the heart of our city centre.”
Queensberry’s extensive experience in city centre regeneration projects include schemes in Belfast, Manchester and Bath.
Paul Sargent, CEO of Queensberry said:
“My team has been focused for the last 18 months on winning this major instruction. It is a dream come true. A scheme that meets the scale of our ambition and challenges our creative experiences to date.
“We will work seamlessly with Sheffield City Council to deliver the long awaited regeneration of the city centre. Our joint plans will be cutting-edge and inspirational, placing the city at the forefront of the next revolution in urban place making.”
The first phase of Sheffield Retail Quarter is estimated to be completed in 2019 with further final phases being complete in 2021.