Council select developer for £480m Sheffield Retail Quarter

Sheffield Council has chosen a development partner to '˜transform the fortunes' of the city centre.

Wednesday, 8th June 2016, 9:51 am
Updated Thursday, 9th June 2016, 11:04 am
Sheffield Retail Quarter artist impression

The authority has chosen regeneration specialist Queensberry Real Estate as its partner for Sheffield Retail Quarter – a £480 million investment in the heart of the city.

Over the last 20 years the Queensberry team has been involved in the development of more than 8 million square feet of new retail, leisure, residential and office space.

The firm will help drive the scheme forward, refine plans and negotiate with retailers.

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Coun Leigh Bramall, deputy leader of the 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 bring an impressive track record of delivering thoughtful and successful schemes that respond to the rapidly changing retail environment. We look forward to working with Queensberry as we refine the plans for the Sheffield Retail Quarter.”

Paul Sargent, chief executive 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.”