Market Leads & Opportunities
Developers acquire prominent York building
York-based property companies Grantside and North Star have established a new joint venture to acquire a prominent York city centre building.The development companies have acquired the former New Look shop on Parliament Street from previous owners Tameside Metropolitan Borough Council. Architects’ practice Vincent & Brown and DPP Planning have now been instructed to review options to bring the vacant building back into use.Options being explored include reconfiguring the 15,530 sq ft building into retail, leisure or hospitality uses on the ground and basement floors and repurposing the upper floors for residential use, suitable for holiday and short-term letting with a separate entrance. This acquisition follows recent joint ventures by Grantside and North Star to buy the former Mecca bingo hall on Fishergate and a listed building on Clifford Street, in York.
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