Greyfriars development progress to be discussed
A planning application for the new mixed-use development at Greyfriars is expected to be submitted this summer, with the potential for work to start on the site early in 2018.
A progress report on the development will be discussed at a
meeting on Northampton Borough Council’s Cabinet on January 11. A
decision to work with Carter Endurance, operating as Greyfriars Quarter
Developments Ltd, as the preferred developer of the site was taken in September
2016.
Since that time, the company has been
in discussion with potential operators for the hotel and cinema, as well as
talking to a housing association about the proposed rented element of the
scheme. Ground investigations into the soil quality at the site have also
taken place.
Modelling the effect of the development on traffic on the surrounding roads is
also continuing, with results expected back in late February.
Councillor Tim Hadland, Cabinet member for Planning, Regeneration and
Enterprise, said: “The Greyfriars development is an exciting scheme that
will be of huge benefit to Northampton, creating some fantastic facilities and
a very attractive, high-quality public space. I am pleased that the
developers are progressing well and look forward to finalising our legal
agreement with them as soon as possible.”