Friday, August 24, 2018

News: Developer heading for Forge Island

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Muse Developments has been chosen by Rotherham Council as its preferred partner for the regeneration of Forge Island - the key site in Rotherham town centre.

Having secured the land from Tesco, and surrounding land such as the law courts, the authority has been anticipating that the site "could accommodate a cinema, hotel, restaurants and bars, town centre parking, as well as high quality business space and modern residential opportunities."

Rothbiz reported in May that three potential bidders had gone through to the next stage, invited to submit detailed proposals. 35 developer packs were sent out to interested parties.

The successful proposal submitted by Muse Developments includes a cinema, food and drink outlets and a hotel. The leisure facilities will be set within an attractive public space and will include a new pedestrian bridge connecting to the rest of the town centre.

Cllr Denise Lelliott, Cabinet Member for Jobs and the Local Economy at Rotherham Council, said: "We are extremely pleased with the outcome of the developer selection process and the very high quality proposals we received which reflect the confidence investors have in the future direction and potential of Forge Island to become a quality development which will achieve lasting benefits for the local community."

The first phase of work will include the main Island and part of the Riverside precinct, incorporating the central hub hosting the cinema, hotel and restaurants, with an expected start date of October 2019, and completion within two years.

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Muse Developments is a national developer with regional operations in Manchester, London, Leeds and Glasgow. Part of the Morgan Sindall Group plc, it works with landowners, local authorities and other partners through development agreements and joint ventures to breathe new life into inner-city areas, creating sustainable working, living and leisure space.

Muse Developments' other projects include Wakefield's Merchant Gate development, City Place in Chester, Liverpool's St. Paul's Square and Doncaster's Civic and Cultural Quarter.

Anchor tenants at other similar Muse projects include Cineworld and Hampton by Hilton.

Dan Needham, development director at Muse Developments, said: "We're delighted to be given the opportunity to work with Rotherham Council on the first phase of their ambitious regeneration of the town centre.

"This is an exciting proposal for the regeneration of Forge Island, as we look to work collaboratively to create a vibrant new leisure quarter for Rotherham town centre, with a cinema, restaurants, hotel and car parking set in stunning new public areas the community can enjoy.

"The Forge Island programme will also maximise the benefits of the waterside location and extend the town's cultural offer."

Further discussions will now take place with Muse Developments with contracts expected to be signed shortly. A planning application will also be submitted with a report to be taken to the Council's Cabinet and Commissioners' Decision Making Meeting later in the year.

The tender process detailed the development opportunity and appointment process around three plots which make up the 2.73ha riverside site which sits between the railway station, Interchange, council offices, football stadium and Minster.

The project has been given a total value of £60m+ and the preferred option for the Council was to seek a development partner to form a Joint Venture for the development of Forge Island. Upon completion of the scheme, the Council has the option to retain the asset (its land) as an investment or sell to the investment market.

Previously the Rotherham Forge & Rolling Mills, the redevelopment of the Forge Island site is seen as the major catalyst project in picking up the momentum for the town's regeneration, where instead of focusing on retail uses, more leisure and residential uses are developed.

Muse Developments website

Images: RMBC / WYG

5 comments:

Anonymous,  August 24, 2018 at 9:43 AM  

Seems a long time until the start date October 2019

Anonymous,  August 24, 2018 at 11:56 AM  

Thats probably because of councils mistake of letting the site be used as a temporary bus station,when bus stops could feasibly been on streets around town as years gone by.

Simon Chivers,  August 24, 2018 at 1:12 PM  

They’re starting in Oct 19 as the temporary bus station is on the site, the bus station is due to move back across April 2019 but I suppose they have to give room for delays

Tom,  August 24, 2018 at 4:46 PM  

There's also some flood work planned. http://www.rothbiz.co.uk/2018/05/news-5704-5m-town-centre-flood-defence.html

Anonymous,  August 26, 2018 at 3:18 AM  

Where's the planned new theatre?Why no bowling?Cant help but think as usual Rotherham is getting a cheap "candlewick geeen"option other than the landmark building a site of this scope in a town centre deserves.The previous promotion pics currently on bill boards look far more impressive.Missed opportunity as usual it would seem👎👎

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