A development partner to build Sheffield’s long-awaited retail quarter is now being sought by Sheffield Council.
An announcement was expected before Christmas but it is now likely the concept for a new scheme – to replace the failed Sevenstone project – will go out to public consultation next year.
It comes as Sheffield Retail Development Group announces its own £500 million plan to develop a retail quarter in the city centre – which leaders say is ‘ready to go’.
The group of business people say they have the financial backing and expertise to complete the project by 2018 – a year ahead of the council’s own schedule.
They have been in discussions with the council for a year, but decided to go public after getting frustrated with the lack of progress being made.
Residents are also being urged to have their say on how Sheffield’s shopping experience, and the city centre, could be transformed.
A council spokesman said: “We welcome these proposals as we drive forward plans for Sheffield’s new retail quarter.
“We can also confirm the council is now working towards the procurement process to appoint a strategic development partner and would encourage all interested parties to engage with this process.
“The means of delivering redevelopment in a city centre is complex, and it is vital the city works with the right partner.
“It is envisaged that the concept for a new scheme will be progressed to public consultation in the New Year.”
Visit www.sheffieldshines.com to have your say on the Sheffield Retail Development Group’s proposal.
n For the full story, See Business Weekly inside The Star today.