Regeneration start date set for 2020 as Mace signs contract

The Comet – Regeneration start date set for 2020 as Mace sign contract

Georgia Barrow

14 March 2019

A formal commitment has been made between Stevenage Borough Council and developers Mace Group Ltd for the redevelopment of Stevenage’s town centre, with work set to begin in 2020.

Mace – which built London’s The Shard – were selected by the council last year following a tendering process which saw three other national developers competing for the work.

But the council today announced the signing of a new official agreement to work in partnership with Mace on the long-term transformation, securing a formal commitment.

The agreement builds on the council’s vision for the first phase of the regeneration which seeks to revamp the western side of the town centre where The Plaza, bus station, council offices, and several car parks are currently located – known as SG1.

Council leader Sharon Taylor said: “This is an exciting time for Stevenage and the future of our town centre. Signing this deal with Mace highlights our ambitious vision for Stevenage as we grow our town and improve the services, environment and facilities we currently offer to residents.

“We’ve seen a number of projects already completed in our town centre as part of the regeneration programme including Market Place, Vista Tower and updating our public spaces.

“SG1 will be transformational, and drive significant, positive change for our town centre. We’re delighted to have Mace on board and can’t wait for development to get under way.”

SG1 is one of the largest regeneration schemes in the region with a gross development value of around £350 million.

The mixed-use regeneration scheme includes plans to create a series of new streets within Stevenage, as well as a redesigned Town Square.

The development will also create new public spaces as well as a public services hub – which will include a new library and health facilities – bringing key council services into one building.

David Grover, Mace’s chief operating officer for development, said: “This agreement marks a major step forward for the transformation of Stevenage town centre.

“With a contract agreed we can now get started in earnest in delivering the regeneration of the town centre – I look forward to seeing our exciting plans come to life.”

Andrew Percival, chairman of the Stevenage First partnership, added: “Today’s contract signing represents a significant milestone in the opportunity to deliver a town centre that’s fit for the 21st century and offers modern facilities and amenities for residents and visitors to live, work and play.

“The scheme that Mace has developed aligns with Stevenage’s heritage as the UK’s first new town and highlights their confidence in its future growth prospects. We’re delighted to announce that the contract is in place and look forward to working in partnership with Mace.”

Earlier this year the Comet reported on improvements made to Market Place which saw the council working with Meeres Civil Engineering, which included new seating, greenery and play equipment.

Preliminary works are also under way for a £50 million revamp to Queensway North – a shopping area of the town – under a partnership between Stevenage Borough Council and Reef Group.

Building work – which was due to begin at the end of January – is set to begin in the coming weeks.

Residents and businesses will be invited to have their say on the SG1 regeneration with a consultation planned for this summer.

Work is expected to take place over several phases, with the first construction project starting in 2020.

https://www.thecomet.net/news/stevenage-town-centre-regeneration-mace-contract-1-5935962

Queensway North: £50m contract signed

Stevenage Comet – Queensway North: £50m contract signed
Louise Mcevoy
13th December 2018

Stevenage Borough Council has partnered with Reef Group to spearhead the Queensway North regeneration scheme, which comprises of the former Marks & Spencer store and adjoining retail parade.

Funded by Aviva Investors, the borough council said the scheme will be transformational, updating tired and dated buildings and shopping areas for the first time in many years.

The development – which will be the first of the borough council’s mixed-use regeneration projects – will also include 45,000 square foot of new retail and restaurant space, a gym, new offices, an innovation and technology centre, and 116 apartments.

It is hoped the move will bring shoppers back into the town centre, as well as revive the night-time economy.

Councillor Sharon Taylor, the leader of Stevenage Borough Council, said: “Our vision is to reinvigorate the centre of Stevenage, and with Reef Group now on board we’re in a great position to deliver on this vision.

“Together we’re bringing a new and different type of shopping experience, an innovation and technology centre, and more homes into the heart of our town, which will create a new and vibrant place for more people to shop, work and play.”

The chief executive of Reef Group, Piers Slater, said: “Working closely with Stevenage Borough Council, Reef Group are excited to have been able to embark on our shared vision to regenerate this important area of Stevenage.

“We’re delighted to be bringing new investment, occupiers and users to create a new district where people want to work, shop, and live.”

Mark Wells, director of Aviva Investors, said: “Reef and the council have impressive plans for the scheme which will give the town centre a new lease of life, supporting both housing need and economic development.”

Planning permission for the development was obtained in August and the first phase – the commercial aspect of the scheme – is due to be complete at the end of 2019, with the second phase – consisting of more than 100 new homes – set to be completed 12 months later.

https://www.thecomet.net/news/50-million-queensway-revamp-kick-starts-stevenage-town-centre-regeneration-1-5816168

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