Last checked at 29 Jun 2011 07:00
29 June 2011
Morgan Sindall Group secures £130 million Warrington development
Morgan Sindall Group plc, the construction and regeneration group, today announces that its regeneration division, Muse Developments, has been selected by Warrington Borough Council as its development partner to deliver the Council's £130 million Bridge Street regeneration plan.
The scheme is the first phase of the Council's 25-year masterplan for the regeneration of the town centre and waterfront area. Development plans for the six-hectare Bridge Street site encompass the construction of shops, restaurants, a gym, a cinema, a food-store, an indoor market, a cultural centre, a hotel and new Council offices. Work, which is subject to planning permission, is expected to begin in 2013.
Paul Smith, Chief Executive of Morgan Sindall Group plc, said:
"Muse's appointment as Warrington Borough Council's development partner demonstrates its ability to continue to win and deliver complex, long-term regeneration partnership projects despite a challenging environment for urban regeneration.
"This is one of the largest planned regeneration schemes in the North West. We look forward to working alongside the Council in delivering this exciting project that is set to transform Warrington's town centre."
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Notes to Editors:
Morgan Sindall Group
Morgan Sindall Group plc is a leading UK construction and regeneration group operating through five divisions of construction and infrastructure, affordable housing, fit out, urban regeneration and investments.
Muse Developments
Muse Developments is one of the country's leading names in commercial development and urban regeneration. A national developer - with regional operations in Manchester, London, Leeds and Glasgow - Muse is part of Morgan Sindall Group plc.
ENQUIRIES:
Morgan Sindall Group plc Tel: 020 7307 9200
Paul Smith, Chief Executive
David Mulligan, Finance Director
Blythe Weigh Communications Tel: 020 7138 3204
Paul Weigh Mobile: 07989 129658
Tim Blythe Mobile: 07816 924626