Latest news with #CapitalCentric
Yahoo
26-07-2025
- Business
- Yahoo
Plans to build hundreds of homes on former Sainsbury's site in Wolverhampton take step forward
A plan to transform a former supermarket into hundreds of new homes has finally taken another step forward. The planned transformation of the former Sainsbury's supermarket site in Wolverhampton city centre is expected to include 370 new homes, community spaces and green streets, centred around a re-purposed grade II-listed St George's Church. City of Wolverhampton Council's cabinet has agreed to enter into heads of terms with developer Capital&Centric to continue the work on the scheme. READ MORE: Shopkeeper praised for 'blocking neighbours from homes' with newly installed barrier READ MORE: Neighbours 'blocked from homes' after shopkeeper installs barrier This includes preparing designs ready for the submission of a full planning application early next year, as well as construction drawings for potential contractors. The council is expecting for planning approval by September next year ready for work to begin in November. The work is expected to take around two and a half years to complete with the site ready by spring 2029. The St George's store closed in 2014 when a new £60m supermarket opened in Raglan Street on the opposite side of the city centre and has remained empty since. Read more: New plans for late-night Wolverhampton venue after last licence revoked Read more: Desi mixed grill plans for empty listed pub Read more: More spaces to be added to Midlands leisure centre as gym-goers struggle to park Read more: 127-year-old Midlands pub to be demolished for new Lidl parking spaces The gateway site next the Bilston Street Island has been left to rot and has frequently been the scene of anti-social behaviour and a fire in 2021. The council bought the freehold for the St George's site in 2016 but it was deemed 'surplus to requirements' in a cabinet report in 2023 alongside a request for potential bids from developers. Read more: 'Seal of approval' for new homes on former Wolverhampton pub site Read more: £1m work planned to increase places at Wolverhampton primary school Read more: Aldi coming to city as council sells former care home in £1.5m deal Read more: Decision made on re-opening historic Midlands pub seven years after closing Read more: Wolverhampton Council to write off nearly £2m in debts Sainsbury's lease on the site expired in March this year which returned the ownership and responsibility of the site back, and the management of the car park's lease, to City of Wolverhampton Council. Since last year, developer Capital&Centric has been working with City of Wolverhampton Council on designs to turn the five-acre former Sainsbury's site into a new neighbourhood. It will feature shops, workspaces and commercial space, adding a new quarter to Wolverhampton's city centre, with links to the £61m City Learning Quarter set to open this autumn. An agreement is also set to be signed that would see Capital&Centric buy and build on the site once planning permission is approved, following the backing of the council's cabinet. The cabinet report, which was discussed at meeting on July 23 said: 'St George's is a vital gateway scheme for the city, set to deliver a new neighbourhood and add to the next phase of placemaking of the area following the City Learning Quarter project. 'It is earmarked to deliver up to 370 new homes, community public spaces and high-quality commercial spaces.' The multi-million-pound City Learning Quarter includes a new college campus on the site of the former Faces nightclub.
Yahoo
16-07-2025
- Business
- Yahoo
'I live in historic apartments featured on TV, but the lift's broken, my door's failed fire safety, and masonry's fallen down'
'Award winning' apartments featured heavily in a BBC TV show have been hit by lift maintenance issues, falling masonry, and fire doors failing inspections, the Local Democracy Reporting Service can reveal. The Crusader Mill flats appeared in 'Manctopia: The Billion Pound Property Boom' in 2020, with Capital&Centric boss Tim Heatley showing cameras inside the 200-year-old mill as it was transformed into flats. At the time, the developer 'banned investors' and 'prioritised locals' buying the flats when they went on sale, with a two-bedroom homes going for £299,000 when new, but they now sell for £375,000. READ MORE: 'We were at Manchester Airport for no longer than five minutes and we've been scammed' READ MORE: 'We're sorry not all parents agree, but the skirt ban is happening' However, an owner-occupier inside the mill has told the LDRS they are 'shocked' their apartment front door failed a routine safety inspection last year. Never miss a story with the MEN's daily Catch Up newsletter - get it in your inbox by signing up here 'It came as a big shock,' the resident, who asked to stay anonymous, said. 'If mine has failed and there's a fire, what would happen?' The inspections were carried out by original property managers UrbanBubble in April 2024, just two months before the management of the block was taken over by Zenith. A spokesperson for Capital&Centric said 'the residents' committee were not happy' with the previous property manager, prompting the switch. The same resident added 'both lifts have repeatedly failed' at the block, 'falling masonry fell into the communal garden' prompted it to be 'taped off', and 'leaseholders have not received a single verified service charge account' since they moved-in in 2021. The Capital&Centric spokesperson said work to replace fire doors that failed inspections is underway or scheduled, with issues stemming from 'normal wear and tear and the movement you'd expect in a historic mill building' meaning 'minor maintenance was needed, such as re-aligning hinges or reapplying seals to maintain fire resistance'. They also confirmed masonry fell from the building, adding stonework inspections will happen twice a year. Capital&Centric has also 'been disappointed by the recent reliability issues with the two outdoor lifts' they went on, adding Zenith has found a new lift maintenance contractor and is also working with Urban Bubble to 'resolve' issues with the service charge accounts. A spokesperson for Zenith said: 'Zenith was appointed a year ago as the managing agent for Crusader Mill. "As is standard practice during the handover of a residential development, we continue to work closely with all stakeholders - including the previous agent, the developer, and the residents' association - to ensure that every aspect of the management transition is appropriately addressed and communicated. Join the Manchester Evening News WhatsApp group HERE 'We can confirm that all annual service charge accounts are being certified in accordance with relevant legislation. These accounts pertain to the period before our tenure and are currently being processed by the previous agent. 'We have been advised that leaseholders will receive these documents as soon as they become available. We are working closely with the previous agent to address this issue as soon as possible. 'Fire door inspections continue to be an ongoing part of the development's safety management. As part of our appointment, these inspections are being carried out in line with applicable regulations and will continue to be reviewed as part of our ongoing maintenance and building safety regime.' UrbanBubble was contacted for comment.
BBC News
28-05-2025
- Business
- BBC News
Developer appointed for former Spode Works potbank in Stoke
Fresh plans to redevelop a former ceramics factory will include a proposal for more than 100 new homes after a developer was City Council agreed to appoint Capital & Centric as the developer for former potbank the Spode Works, in Stoke, on scheme would build on an existing Spode Works masterplan approved by the authority last year, adding plans for 116 flats and works to bring the historic China Hall back into site was previously awarded £10m from the government's Levelling Up Fund, and £6.5m will now be allocated to the developer. According to the developer's business plan, the proposals would additionally repurpose 820 sq m (8,826 sq ft) of floor space and create 650 sq m (6,996 sq ft) of new commercial first phase would see the submission of a planning application, with key buildings repaired for commercial with no "significant heritage value", including Gordon House in Kingsway would be demolished, the plan bids will also be submitted by the developer to restore the China Hall, which is the largest building on the two would involve further restoration works and the residential to government rules, the authority must spend the Levelling Up cash by next Finlay Gordon-McCusker said the appointment was a "major step forward" for the Spode Works and avoided a lengthy procurement added the regeneration "honours our past, delivers for our present and actually builds a future where Stoke town is alive with activity and culture and opportunity".Capital & Centric has already taken on the Goods Yard site in Stoke and is set to redevelop the Midway car park in applications will be submitted in the winter. Follow BBC Stoke & Staffordshire on BBC Sounds, Facebook, X and Instagram.
BBC News
22-05-2025
- Business
- BBC News
Stoke-on-Trent Spode pottery developer set to be appointed
Plans to regenerate a historic pottery site are set to move forward after councillors were asked to approve the appointment of a City Council hopes signing up Capital & Centric will "unlock new opportunities" at the former Spode pottery in the council's cabinet is to consider allocating £6.5m to the firm from its Levelling Up fund, as part of a wider scheme for the developer has already taken on the Goods Yard site, also in Stoke, and is also set to redevelop the Midway car park in Newcastle-under-Lyme. A new deal at the Spode works would allow Capital & Centric to bid to the Heritage Lottery Fund to bring the China Hall, a vast space in the old factory, back into operational use, the council would be subject to planning permission, with work expected to include demolition of some buildings with no heritage value and the development of new suggested partnership does not include the whole site, which will continue to host a range of tenants. Councillor Finlay Gordon-McCusker, cabinet member for regeneration, said the authority would be proud to work with Capital & Centric again."Together we'll make sure Spode continues to be a success story, not just for the creative industry in the city, but for heritage regeneration too," he have previously expressed frustration over the slow progress of plans for the Spode was acquired by the council in 2010, two years after the factory closed and went into 2022, the authority secured £10m of Levelling Up cash to invest in the site and bring it back into August 2024, it has been working to remove asbestos in some heritage buildings and refurbishing two units to provide more space for the Spode Museum.A decision on the partnership is expected be made at a cabinet meeting on 27 May. Follow BBC Stoke & Staffordshire on BBC Sounds, Facebook, X and Instagram.
