Page 56 - #184 September 2023

Spindles Town Square, Oldham, UK
Developer: Oldham Council

Bloomsbury Quarter, a project by CCP 5, a fund managed by Tristan well as being better for traders who can benefit from increased footfall,
Capital Partners, has received resolution to grant from the London access to the adjacent car parks and nearby public transport stops. Part
Borough of Camden to refurbish and reposition Sicilian Avenue, of the transformation will see an improved retail space that will offer
London’s first historic pedestrianised high street, alongside delivering shoppers a better experience. The new retail area will make it easier and
high-quality, ESG certified office space at Vernon & Sicilian House and more enjoyable to visit, with shops in one main area instead of scattered
21 Southampton Row. The first part of the refurbishment works at throughout the centre.
Sicilian Avenue will focus on the west side, delivering 10,000sq ft of Set to complete next year by joint developers Drum Property Group
retail, while 55,000sq ft of offices is being developed at Vernon & Sicilian and Stamford Property Investments, Candleriggs Square is a brand-new
House and 21 Southampton Row. Further plans are underway for the development in the heart of Glasgow’s Merchant City. The £300M
remaining space and once complete, Sicilian Avenue will offer 17,000sq transformation of Candleriggs Square in Glasgow’s Merchant City has
ft of prime retail space, extensive amenities and end of journey facilities. reached another significant development milestone with the completion
The project is targeting a BREEAM Excellent rating. Knight Frank Asset of structural work for a 346-apartment build-to-rent (BTR) complex,
Management is working with Tristan Capital Partners to deliver the forward funded by Legal & General. Designed to meet the growing
repositioning and refurbishment of the site. Alchemy Asset Management post-lockdown demand for affordable and high-quality city centre
is the development manager for Bloomsbury Quarter. Knight Frank and rental accommodation in vibrant city centre locations, the 325,000sq
Bluebook are the appointed office agents with P-THREE and CBRE ft building will provide 346 apartments together with a range of retail
acting as retail agents. and commercial units at ground floor level creating an attractive and
Oldham Council is redeveloping Spindles Town Square, changing accessible public realm.
it from being solely retail-focused to a place for all the community to Planning approval has been granted for Brookfield Riverside – a major
use. This means providing better shops, new space for work and an mixed use new town centre, retail, leisure and housing development
improved leisure and entertainment offer for people of all ages. Work for the Borough of Broxbourne. The Borough of Broxbourne and
has already started and over the coming months people will begin to see Hertfordshire County Council, together with their development
the changes that are afoot as the development works to a summer 2024 partners Sovereign Centros and Peveril Securities, have received
completion date. The redeveloped Spindles Town Square will provide planning approval for the €580M Brookfield Riverside development,
a new home for Tommyfield Market, which will relocate to a new split- part of the wider Brookfield masterplan including a new Garden Village,
level market, purpose-built in and around the former TJ Hughes unit. at Cheshunt, Hertfordshire. Seen as a significant future economic
It will boost the centre’s shopping, leisure and entertainment offer, as generator for the region, the new town centre and garden village will

Brookfield Riverside, Hertfordshire, UK
Developers: Sovereign Centros & Peveril Securities