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Broadmarsh plans could be ready later this year

Capital Shopping Centres (CSC) bought Broadmarsh from previous owners Westfield and the Post Office pension fund late last year in a £73m deal.

Westfield had been on the verge of beginning a £400m redevelopment when it sold up and there were fears that plans would be scaled down or abandoned.

CSC also owns the Victoria Centre, for which it had already announced plans for a £240m extension.

Six months on, it now says it has appointed two Notts firms to help it redevelop Broadmarsh.

City property consultancy FHP, which advises retailers and developers about the best locations for new shops, will work with Newark-based international architects Benoy.

CSC said yesterday that it wanted to talk to retailers so that it could find out what they wanted and "firm up" its proposals for Broadmarsh.

CSC director Martin Breeden said: "We've been a long-standing partner to Nottingham for over 40 years as owner of the Victoria Centre and we're ambitious for this city. We have already unveiled major plans to invest £240m in the Victoria Centre and are now making progress with proposals for the Broadmarsh Centre.

"The public has always helped shape our plans and we will listen to local views as we develop our proposals. Nottingham is a vibrant city and we will play our part to boost it back up the retail rankings."

Councillor Graham Chapman, deputy leader of Nottingham City Council, said: "The latest developments are very encouraging and I'm pleased that CSC is engaging with retailers. It's important that the redevelopment complements our existing retail offer whilst meeting the needs of potential tenants."

Source:www.thisisnottingham.co.uk|

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