Plans have been revealed for a £480 million shopping district to transform the heart of Sheffield city centre.
The Sheffield Retail Quarter aims to blend the city’s existing unique and historic buildings with top new retail and leisure outlets.
It is set to bring Sheffield city centre from 43rd to 32nd place in a UK retail study - boosting it from its current position alongside the likes of Northampton and Stoke on Trent.
Contemporary fashion stores will be situated along Cross Burgess Street and Pinstone Street. Prime fashion outlets will also set the tone and style of the whole city centre, alongside an anchor department store.
The council’s executive director for place, Simon Green, said: “These new plans provide an attractive new shopping district for Sheffield city centre.
“The design merges with Sheffield’s award-winning public spaces and world renowned cultural assets – including City Hall, The Crucible and The Lyceum theatres - and links key retail pitches in the city centre from The Moor through to Fargate.
“This will complement the new shopping facilities and provide food and drink, office and residential space to extend the city centre’s attraction as an evening entertainment option.
”These are exciting plans that will help Sheffield meet the changing retail demands of the 21st century - a development that will be crucial to the city’s economic future.”
The scheme has been designed by Leonard Design Architects, who have advised on some of Europe’s most successful retail developments.
It comprises 900,000 square feet of mixed use accommodation and is predominantly retail and leisure led - but also includes more than 200,000 square feet of residential and office space.
The scheme is also expected to benefit other shopping areas in the city centre, such as The Moor and Devonshire Quarter.
It is all set to be linked together by top quality landscaping of a similar quality to the Peace Gardens and Tudor Square.
Martin McKervey, Sheffield City Region LEP board member, said: “This new and exciting opportunity is a further endorsement of the confidence we must all have in the city following the interesting developments in progress such as the £65 million Chinese inward investment plan for New Era Square, the new Olympic Legacy Park in the Don Valley and the University of Sheffield’s Factory 2050, which will build a £43 million centre of excellence for advanced manufacturing.
“Sheffield is indeed an attractive investment opportunity and we have a platform to build on this.”
The council is in talks with potential strategic development partners and hopes to announce a partner this autumn.