Scarborough Brunswick Centre redevelopment targets 2029 opening
Summarised from 2 outlets · Updated 13 Nov, 20:32 · Archive
Scarborough's Brunswick Centre redevelopment has secured £18.5 million in public funding from the York and North Yorkshire Combined Authority, North Yorkshire Council and the Pride in Place programme. The revised scheme, known as SQ1, will transform the former shopping centre into a mixed-use development featuring a six-screen cinema, family leisure attraction, restaurants and major retail units, including space for a national retailer.
Developer Scarborough Group International (SGI) is targeting an opening date in 2029. The funding package comprises £7 million in Combined Authority grant funding, £3.5 million from Pride in Place and an £8 million council loan. An initial £3 million will be used to fund detailed design work, strip-out works and a fresh planning application, as the site's previous planning consent has lapsed.
Construction funding will only be released once planning permission is secured, tenant commitments are in place, and SGI has secured commercial finance. David Wells, development director at SGI, said the revised scheme had been reworked to reflect changing market conditions. 'A scheme like this has to work for everyone. It needs the right occupiers, the right finance and a sound commercial footing, which benefits the public purse too, as the public sector shares in any profits above agreed levels,' he said.
How it is being reported
- Developers reveal the next phase of Scarborough’s Brunswick revivalSCARBOROUGH’S long-awaited Brunswick Centre redevelopment is targeting an opening date in 2029 after an £18.5 million public funding package was agreed in principle by regional and local leaders.The Press (York) · 13 Nov, 20:00
- Developers reveal the next phase of Scarborough’s Brunswick revivalSCARBOROUGH’S long-awaited Brunswick Centre redevelopment is targeting an opening date in 2029 after an £18.5 million public funding package was agreed in principle by regional and local leaders.Gazette & Herald (Malton) · 13 Nov, 20:00
In this story: Scarborough · Scarborough Group International · York and North Yorkshire Combined Authority · North Yorkshire Council · Pride in Place · David Wells
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