Waldeck Bags Share of £9m Shopping Development
News Release
8th August 2013
Waldeck, which has 11 offices across the UK, has been appointed to undertake the civil and structural engineering work on a £9m redevelopment project in Lincoln.
The Waterside Shopping Centre on the High Street is being remodelled to increase the trading space in the hope of attracting larger retailers to Lincoln.
Existing retail units and escalators at the rear of the centre are being repositioned and the arena area will be filled in to create two double height shop units over the main two trading levels. This will provide a 22,000 square foot (sq ft) store for H&M and a 15,000 sq ft store for Next.
Further enhancing the shopping centre’s fashion offering, New Look will enlarge and reconfigure its existing store, taking it from approximately 12,000 sq ft to circa 14,000 sq ft.
The food court will move from the first floor to the lower ground floor ‘Waterside level’. The plans also include improvements to exterior signage for south facing and high street areas.
Centre managers Capital & Regional appointed Waldeck to work on the project alongside LK2 architects and main contractor Simons Construction.
Waldeck Project Leader Andrew Foottit said the development will take up to 15 months to finish and will be done in phased completions.
“We’ve undertaken the necessary feasibility studies and have just started work on site,” explained Andrew. “To enable the centre to remain open to shoppers throughout the planned works the project will be carried out in three phases, the first of which will be the extension of the New Look store.
“Capital & Regional has an exciting vision for the Waterside Shopping Centre and needless to say Waldeck is delighted to be involved. We have a great deal of experience in the sector and have worked alongside LK2 and Simons Construction on similar projects including a £4 million extension at The Cheshire Oaks Designer Outlet in Ellesmere Port which is currently underway.
“Although there will inevitably be some disruption we’re members of the Considerate Constructors Scheme and are committed, along with the other partners, to minimising the impact on retailers and shoppers.”
Ends
About Waldeck
- Waldeck has worked in a wide range of sectors including social, private and high-end housing, care homes, healthcare, education and student accommodation, renewable and alternative energy, sport and leisure, hotels, manufacturing, highways, rail, stadia, ports and logistics, pharmaceuticals, food processing, cold store and multi-temperature distribution, retail and commercial, MOD, conservation and historic buildings, agriculture, public sector and automotive and heavy industry.
- Its services include structural engineering, civil engineering, mechanical engineering, electrical engineering, low carbon consulting, sustainable design, total project solutions, Code for Sustainable Homes assessments, pre-planning and pre-acquisition, site investigation, flood risk assessments, waste mitigation, drainage design, transport planning, alternative bid design, construction supervision, BREEAM assessments, ground modelling, structural surveying, energy assessments, precast concrete, off-site manufacture and hybrid solutions.
- Waldeck has eleven offices across the UK in Lincoln, Sleaford, Nottingham, Bristol, Peterborough, Hull, Grimsby, Sheffield, Birmingham, London and Taunton. For more information please visit www.waldeckconsulting.com or follow us on Twitter @waldeckconsult
About Capital & Regional
Capital & Regional is a specialist property company with a track record of developing asset management opportunities in town centre shopping centres. Capital & Regional founded The Mall Fund in conjunction with Aviva Investors. Capital & Regional acts as Property and Asset Manager for the Mall and holds 20.3% of the Fund. Capital & Regional & AREA Property Partners each hold a 50% interest in a German retail property portfolio which is managed by Garigal Asset Management GmbH, in which Capital & Regional holds a 30% interest. Capital & Regional has a number of other joint ventures and wholly owned properties. For further information see www.capreg.com
Kate Strawson
Shooting Star PR
01522 528540
kate@shootingstar-pr.co.uk
www.shootingstar-pr.co.uk
t: @KateStrawson
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