Urban regeneration specialist Queensberry Real Estate has been selected by Sheffield City Council as the preferred bidder for the role of strategic development partner in the £480M Sheffield Retail Quarter project.
The first phase of the project is expected to be complete in 2019 with further final phases being completed in 2021. The project is expected to create around 2,500 jobs in the region.
Councillor Leigh Bramall, deputy leader of Sheffield City 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’s CEO Paul Sargent 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.
“We will work seamlessly with Sheffield City Council to deliver the long awaited regeneration of the city centre. Our joint plans will be cutting-edge and inspirational placing the city at the forefront of the next revolution in urban place making.”
