Friarsgate development plans
We are working with Development Securities to deliver a new £100 million shopping and leisure complex in Lichfield City centre.
Despite tough trading conditions nationally, there is strong interest in the Friarsgate development from the high street retail sector.
On 1st April 2014 councillors at Lichfield District Council voted to extend its development agreement with Development Securities PLC for Lichfield City centre's planned Friarsgate shopping and leisure scheme, following the news that the developer is now in advanced discussions with a national retailer to anchor the scheme.
The planned scheme will see a new department store, cinema, new homes and a range of shops and eateries developed providing vibrant new retail and leisure opportunities for Lichfield.
Cllr Mike Wilcox, Leader of Lichfield District Council, commented: "It's fantastic news that the negotiations carried out by Development Securities have led to a leading retailer signalling its support for the planned scheme. We're sorry to leave people on a knife edge and it's a real shame that we cannot release the name at this stage, but for commercial reasons it needs to remain confidential.
"On the back of the news, councillors were keen to extend the development agreement to allow the team at Development Securities more time to sign up other retailers to the scheme, and to progress the plans for its development. We're really pleased that this moves us one step closer to achieving our vision to deliver new shops and entertainment, as well as more jobs and housing opportunities in the heart of the city."
The next stage will see Development Securities PLC further developing the designs for the scheme and submitting a new planning application for the scheme, as well as further work on land acquisition and negotiations with key retailers.
The vision is to revitalise the Birmingham Road area in a way that will link in with and complement the rest of the city centre. The scheme is a mixed use, featuring retail, leisure and homes in a contemporary design, which is sensitive to the historic character of Lichfield, and its current retail offering.
The development will extend the city centre and provide routes through to the bus and rail stations, as well as a link in to the Three Spires shopping centre.
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