Masterplan at St Enoch Centre includes new homes and hotel

A masterplan to “future proof” one of the main retail centres in Glasgow includes the provision of up to 1700 homes. Property developer and retail asset manager, Sovereign Centros, has lodged an initial proposal with Glasgow City Council outlining a long-term vision for how St. Enoch Centre and the surrounding site could be developed over the next 15 – 20 years. This precedes a planning application which is being prepared for submission later in the year. The masterplan re-imagines St. Enoch Centre as Scotland’s “foremost mixed-use development” offering retail, leisure, entertainment, a hotel, offices…

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AIM-listed bar owner expands to open Nightcap’s new London Cocktail Club

Bar chain owner Nightcap is to open a new London Cocktail Club site in the heart of the City in the latest vote of confidence in the Square Mile’s night-time economy. The 1,500 sq ft bar will open later this year at 78 Queen Victoria Street and serve until 1am. Nightcap co-founder and former Dragon’s Den star, Sarah Willingham, said: “Since the lifting of the Covid restrictions we have been impressed with the strong trading at all of our City sites in London. “I am therefore delighted to announce the…

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Preston’s Animate sparked into life by funding deal

The city council is to contribute £33m of the £40m required for the cinema and leisure scheme, to be delivered by Maple Grove Developments.  Yesterday, councillors signed off a funding agreement for the development, called Animate, marking a key milestone for the project ahead of the submission of a planning application in October.  Under the terms of the deal, around £3.5m for the project will come from Preston’s £20.9m Towns Deal award, and a further £3.25m will be from the Preston, South Ribble and Lancashire City Deal.  The land and…

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