Developer U+I Group has secured funding for its delayed Circus Street scheme in Brighton.
The £130m mixed-use project will include 142 new homes, 450 student bedrooms and 30,000 sq. ft. of new office space.
A new public square with restaurants, shops and a dance space will also form part of the development.
U+I said Construction has now begun on the project and the majority of the buildings on site will complete in 2019.
Henry Construction is the main contractor on the job.
Richard Upton, Deputy Chief Executive of U+I said: “Securing funding for the Circus Street project is a key milestone and enables construction to begin.
“The development shows how we can create value through our proven planning and regeneration expertise, whilst also delivering significant cultural and socio-economic benefits to the local community.
“Large scale mixed-use Public Private Partnerships are a core aspect of our strategy, enabling us to build a pipeline of regeneration projects that deliver returns in a capital efficient manner.”
from Construction Enquirer http://www.constructionenquirer.com/2017/08/07/funding-deal-sees-construction-start-at-circus-street/
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