Huge conversion of former Sheffield cutlery works ‘one step closer’ after £14m boost
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Developer Capital & Centric secured £10.7m from the South Yorkshire Pension Fund and £3.5m from Homes England to turn Eyewitness Works and Ceylon Works on Milton Street into flats. A six-storey building on the site of the former Brunswick Hotel is also being constructed.
The development will include 97 loft apartments and town houses, along with a café-bar. The operator for the café-bar is due to be announced shortly.
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Hide AdGeorge Graham, director from South Yorkshire Pension Fund said: “We strongly believe that investing in our place can deliver new and different sources of return to help us pay pensions. The scheme being delivered by Capital & Centric shows that we can do this and help bring landmark buildings in the centre of Sheffield back into use providing much needed homes.”
The developer wants to create a 15-acre ‘Mesters’ Village’, in partnership with other developers in the area, with more than 2,500 homes, maker spaces, cafés, bars, delis and a school.
Tim Heatley, co-founder of Capital & Centric said: “This funding deal just goes to show the confidence in Sheffield and in the neighbourhood we’re looking to create at Mesters’ Village.
“Eyewitness and Ceylon Works are a really important slice of Sheffield’s history so it was mega important for us to keep their original charm.”
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Hide AdThe first registered building at the site was in 1838. For the past 150 years the Works were home to Taylor’s Eyewitness Ltd, a Sheffield-based company that provided the nation with cutlery.