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Redevelopment in Hednesford
Hednesford
St Modwen is to build a 1,533 sq m (16,500 sq ft) food store for Lidl
in the £5m first phase redevelopment of the centre of Hednesford.
A development agreement has already been exchanged with Cannock Chase
Council which selected St Modwen as development partner, and construction
of the store is expected to start early in 2008.
This is the first significant transaction within the scheme which is also
to comprise six shops in Market Street with 18 residential apartments
above, four larger retail units and a 172-space shoppers car park.
St Modwen is also to develop a further town centre site fronting
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market Street, Rugeley
Road and Victoria Street.
Ramsdens acted for St Modwen. Lidl were unrepresented.
Nottingham
Henry Boot Developments Ltd has received detailed planning permission
to commence the final phase of development at The Axis, its 220,000 sq
ft mixed-use scheme in Nottingham city centre. The additional new office
development, named The Poynt, will provide 17,900 sq ft of grade A accommodation
over five floors with on-site car parking. Work is due to begin on site
in September 2007 after completion of a competitive construction tender
process.
Joint agents are HEB and George Hallam & Sons developers.
Birmingham
Nurton Developments has submitted futuristic plans for the final phase
of a £25m redevelopment scheme within the core business area of
Birmingham city centre.
The company purchased Priory & Cannon House which have a combined
floorplate of approx 45,000 sq ft in 2004, and earlier this year
launched phase 1 of the redevelopment programme with a £2.5m makeover
of Cannon House.
Now, architects are initiating design proposals for phase II of redevelopment,
to transform Priory House. Proposed plans for the property will include
futuristic glazed from projecting from the new facade, 40,000 sq ft of
penthouse office accommodation, and improved basement parking.
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