Regeneration specialist Genr8 Developments has launched its Stoke Central Business District development to the market as it goes on site with the £40m first phase of the scheme.
It is now on site to start its plans to develop 210,000 sq ft of grade A offices over two buildings, both to be occupied by Stoke-on-Trent City Council.
Advised by the Manchester office of Jones Lang LaSalle , Genr8 launches the 1.2 million sq ft development as ‘Smithfield’, which is derived from the original Smithfield bottle works being retained on the site.
The scheme comprises grade A offices, hotel, retail and leisure accommodation and more than three acres of public space.
Laing O’Rourke started on site this month on the first phase with completion scheduled for early 2015.
Mike Smith Genr8 partner said: “Extensive work has been done on both the scheme’s design and brand proposition to ensure that Smithfield is the landmark development that will reposition Stoke-on-Trent in the minds of occupiers and investors.”
Stoke City Council leader Mohammed Pervez added: “As the first phase starts on site, we breathe new life into our city centre. We are creating the right conditions to make our city one of the best places to bring business and investment, so that we create more jobs for local people. Smithfield is at the very heart of this work.
“The city council has shown great commitment to Smithfield by taking significant space to stimulate private sector confidence in the scheme and encourage inward investment.”