Market Leads & Opportunities
First Base unveils plans for £155m mixed use scheme
Developer First Base and railways pension scheme investment manager RPMI Railpen have acquired a three-acre site in Cambridge city centre for a new 250,000 sq ft mixed-use neighbourhood.The site is currently used as a Travis Perkins depot but will become a £155m mixed-use quarter comprising workspace, Build-to-Rent apartments, and leisure and community spaces set around new public gardens.The car-free development will include a dedicated cycle hub, and will create new pedestrian and cycle routes linking the campus to Cambridge station.Planning is expected to be submitted by mid-2021.
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