Substantial private sector interest is being shown in Conservative run Cheshire West and Chester Council’s enterprising proposals to develop both the Northgate and Barons Quay development schemes.
The encouraging response to CWAC’s plans for the two major retail and leisure developments was revealed by Councillor Les Ford, Executive Member for Resources, in his budget speech at full Council on Monday 3 March.
Councillor Ford said the Council’s policies were working very successfully, enabling the authority to make significant investments in sports and cultural facilities in Northwich, Ellesmere Port and Chester.
In Chester, the Council had made a significant purchase to make Northgate possible and already ‘the private sector is showing substantial interest’.
Since the Council announced its agreement to acquire all of ING Real Estate city centre holdings, the authority has received a string of enquiries from interested parties.
Councillor Ford revealed that the authority was currently recruiting a team to do the detailed design and would ensure that the process included a great deal of engagement with the public to guarantee an appropriate result for a city with such character and depth of history.
In Northwich – which also enjoys all-party support – development of investor confidence, the Council had produced substantial private sector investment, with schemes being delivered in 2016.
Councillor Ford told the meeting: “These investments have been demanded by residents for decades.
“The Council, from a standing start in 2009, is delivering substantial regeneration and most importantly, working with partners to create jobs for local people.”
Photo: Artists impression of Baron’s Quay Northwich.