Development Partner for Central Winchester Regeneration.

Description

The transformation of the central Winchester regeneration (CWR) site is of key strategic importance to the Council. The vision for the area is for a mixed-use, pedestrian friendly quarter that reflects the distinctive character of Winchester City Centre, supports a vibrant retail and cultural / heritage offer which is set within an exceptional public realm and incorporates the imaginative re-use of existing buildings. This vision is set out within the Central Winchester Regeneration Supplementary Planning Document (SPD) 2018 and a Development Brief. The Council has procured a development partner to turn this vision into reality. The site (as detailed in the procurement documents) is located in the heart of the City and includes the bus station, Kings Walk, Coitbury House, Friarsgate car park and the old Friarsgate Medical Centre. The site comprises circa 3.68 acres (1.49 ha) of land and consists of two separate boundaries. Under the terms of a development agreement the development partner will undertake to deliver the overall development on a phased basis, and in accordance with the SPD and Development Brief. The development partner is appointed to carry out design and planning, community engagement and consultation, and all other preparatory activities prior to the draw-down of each phase (by way of long lease).