A national advertising campaign to secure a developer for the former Sainsbury’s site in Newcastle has had enquiries from a number of interested parties.
Newcastle-under-Lyme Borough Council and Staffordshire County Council, who jointly bought the site when Sainsbury’s moved to a new store on the A34 nearby, have received interest from more than 20 development companies
Henry Davidson Developments, St Modwen and a consortium led by Zerum Consult have been shortlisted as prospective development partners for a £40 million town centre regeneration in Newcastle-under-Lyme, Staffordshire. The development site extends to 6.4 acres and has been designated for a mixed use, retail led scheme
Located right in the heart of Newcastle-under-Lyme town centre, the site – ‘Ryecroft’ – currently comprises the borough council offices, a local authority-run surface car park, the former Sainsbury’s supermarket and a multi-storey car park. The borough council intends to relocate its offices to a new ‘civic hub’ at the nearby site of the former St Giles’s and St George’s primary school.
Contractors are currently demolishing the former store and its multi-storey car park with the work being very near completion
The councils intend to nominate their preferred partner later this year.