Green light for Stoke-on-Trent CBD
The green light has been received for the creation of Stoke-on-Trent's new central business district (CBD).
Genr8 Developments has been awarded planning consent by local authorities for the 100,000 sq ft central office building of the project, with the eventual tenant to become Stoke-on-Trent Council.
In total, the initiative will deliver 540,000 sq ft of mixed-use office and retail space and is expected to create upwards of 300 new jobs in the area during the construction phase, as well as an eventual 4,500 employment opportunities once all six phases of the project have been completed.
Council leader Mohammed Pervez said: "We are doing everything possible to stimulate jobs and growth in our city.
"A successful city needs a successful city centre and we need to act now to safeguard Stoke-on-Trent's future. The CBD will improve the range of jobs we have in the city and help us to become more resilient in the face of future economic challenges."
Genr8 Developments partner Mike Smith added that the decision by the planning committee to give their consent is a real step forward and paves the way for real progress to begin on site in the coming months.
With planning approval now confirmed, Sir Robert McAlpine, Laing O'Rourke and McLaren Construction are all in the process of vying for further development contracts at the site, which will also include the creation of a new large public square.
Elsewhere, US investment brokerage Goldman Sachs also welcomed some positive planning news earlier this week, with London officials giving their preliminary consent for the construction of the firm's new headquarters in the City.
Designed by architect Kohn Pedersen Fox Associates, the building will cover nine storeys and provide 1.2 million sq ft of grade A office space in the capital once completed. Work is expected to get underway next year and a delivery date of 2018 has been pencilled in.
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