McAlpine confirmed on £86m shopping centre redevelopment

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Sir Robert McAlpine has signed the deal to deliver an £86m redevelopment of intu Broadmarsh shopping centre in Nottingham, it has been announced.

Preparatory work for the move has been ongoing throughout 2018 and the contractor is due to start work at the Intu-owned site in the next few weeks.

The redeveloped centre will have new entrances, and will house a cinema and bowling alley. It forms part of Nottingham Council’s regeneration plans for the city centre.

An Intu spokesman said that McAlpine was previously selected as preferred bidder, “so that procurement discussions and preparatory works could be undertaken”. They have now been awarded the main contract, he added.

The local authority has approved the award.

Martin Breeden, development director at Intu, said: “We are creating the most exciting development in the city’s southern area for more than five decades and we continue to work with Nottingham City Council on their plans for the wider Broadmarsh area, which is a fabulous regeneration programme.”

A planned takeover of Intu by rival Hammerson was cancelled last year.

It was originally said that the proposed deal would kick-start a development pipeline. Nevertheless, Intu has extended its centre in Watford and will launch a new £72m leisure development at Lakeside later this year

This article was first seen on https://www.constructionnews.co.uk/home/mcalpine-confirmed-on-86m-shopping-centre-redevelopment/10038599.article

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