Contractor hunt starts for £50m Leicester mixed-use scheme

Grant Prior 6 years ago
Share

Developer LCL has launched plans for a £50m mixed-use scheme to transform the St George’s North area of Leicester city centre.

Design practice, rg+p has come up with a vision for Fleet Village including new apartments alongside 3,000 sq ft of retail units.

The Enquirer understands LCL are in preliminary discussions with a number of contractors but are keen to talk to other companies.

The developer is hoping that work will start on site in Spring 2019.

Chris May, partner at Howes Percival, commented on behalf of LCL: “This area of Leicester has seen little or no growth for the past 15 years and is desperately in need of regeneration.

“We believe the proposed development, which is expected to create up to 100 new jobs during construction, is the right catalyst for this much needed regeneration.

“The scheme seeks to provide a range of new homes to suit the local housing market as well as retail and leisure facilities we feel will benefit the community.

“Fleet Village represents a major investment for our home city and we’re really excited about what it could mean for those wanting to live, work and play in Leicester.

“We’re hopeful for a positive outcome from our planning applications very soon.”

LCL has a strong track record delivering similar schemes in Leicester, having successfully completed 250 apartments at Clyde Court on Erskine Street and Markfield Court off Abbey Park Street.

James Badley, architectural director at rg+p added: “Fleet Village has the potential to become a statement development for Leicester and is certainly one of the largest investments the city’s housing market has seen in recent years.

“LCL has engaged extensively with the local authorities so we remain optimistic for the development’s future.”

Latest news

Early bond release key to averting industry surety crisis

Contractors must put pressure on clients to release bonds promptly
3 days ago

Over 1000 building safety cladding retrofits completed

25% of safety retrofits finished seven years after Grenfell disaster
3 days ago

Steel import delays make Rangers miss kick-off

Construction work at Ibrox will not be finished by start of next season
4 days ago

Lidl looking for new contractors for store building plans

Sign up for events in Newcastle, Glasgow, Birmingham and Southampton
3 days ago

Utility firm GTC revs up for ground source heat pump era

Contractor and heat pump maker strikes ground-breaking deal
3 days ago

Amey switches kit supplier to Speedy from HSS

New plant and equipment hire deal worth £25m a year
4 days ago

Clients under spotlight after bond bombshell

Contractors call for action to avoid project delays
4 days ago

M&E specialist Lorne Stewart falls into the red

Parent group suffers £2.8m loss in face of cost inflation and insolvencies
4 days ago

Four men rushed to hospital after site accident

Eye-witnesses report a wall was knocked over on Edinburgh site
4 days ago

World’s tallest scissor lift set for UK sites

Hire Safe Solutions partners with Dingli to supply lift with working height of 37 metres
4 days ago

Barhale wins £36m East London sewer remediation

Northern Outfall Sewer in West Ham runs above railway lines in the city
4 days ago

Weston Homes thumbs-up for £220m Essex homes scheme

Colchester 600-home Viridis scheme gains outline consent
4 days ago

Balfour seals £192m deal for trio of Scottish substations

Work to start this summer to enhance electrical transmission in Argyll
5 days ago

Construction bond bombshell as major player quits market

QBE currently provides cover for 20 of the industry's 30 biggest contractors
5 days ago

United Utilities names another 18 winners for £2.7bn water spend

Water giant cuts out large management contractors in latest spending round
6 days ago

Green light for £130m Dundee Eden project

Former gasholder site to be transformed into green house
5 days ago

Four tower scheme in Glasgow gets green light

Go-ahead for major mixed-use scheme at Central Quay
5 days ago

‘Green collar’ construction workers earning £134,000

Cost consultant T&T says insulation and heat pump trades earning £70 an hour in London
5 days ago

£65m Trafford Waters resi blocks approved

X1 Developments plans over 200 homes in 13- and 8-storey blocks
5 days ago

Over 100 firms win £1.5bn ICN housing framework

Great Places Housing Group names key partners for new homes programme
6 days ago

Steelwork firm went down owing £4.5m to suppliers

Subcontractors left holding unpaid invoices from SH Structures
6 days ago

Scottish civils firm to buy stake in piling specialist

Advance Construction in talks for 25% stake in Northern Piling Ltd
6 days ago

RSK secures £500m for fresh acquisitions spree

Acquisitive group aims to buy another 200 businesses by 2030
6 days ago

Beal Homes gets green light for £105m Humber scheme

Work to start on more than 500 homes in North East Lincolnshire
6 days ago

RED wins £20m East London office refurb

Grade II listed Victorian building to be upgraded to Cat A offices
6 days ago

Employee-owned Neilcott staff share £250,000 payout

Employee-owned building contractor sales jump 38% to £139m
7 days ago

Geoffrey Osborne supply chain hit for £26m

More than 500 suppliers and subcontractors left holding unpaid bills
1 week ago

Race for £800m South West Wales framework

Up to 16 firms face fight to renew spots on regional contractors framework
1 week ago

SME contractors agree 4% pay rise for site workers

Workers will also get an extra day of holiday
1 week ago

South East expansion paying off for Meldrum Group

Turnover up to £55m as North East based contractor expands national coverage
7 days ago

Contractor services