Market Leads & Opportunities
Property developer to reveal plans for town centre rejuvenation
Developers Capital&Centric have unveiled plans for the rejuvenation of Newcastle-under-Lyme town centre.Consultations have been launched on proposals for the Midway car park, York Place shopping centre, and two plots at Ryecroft.The Midway car park would be repurposed into new homes and green spaces, alongside the addition of a three-floor atrium and on-site parking facilities for residents.The vacant York Place shopping centre would be redeveloped to include a music venue, a public square, and 50 apartments above ground-level commercial space.Plans for the Ryecroft area will be executed in two phases. One phase will see the creation of a mixed-use neighbourhood, comprising new apartments, suburban homes, and workspaces.Capital&Centric has proposed the construction of a 110-room hotel and the development of a new shared community parkland, intended to serve as venues for social gatherings and events.
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