Award of Royal Arcade Mixed-Use Development Partner Contract to Peveril Securities Ltd
Awarded 20 Oct 2020
About
Cheshire East Borough Council awarded a contract to Peveril Securities Ltd for the provision of a development partner to plan and deliver a cinema-anchored, leisure-led, mixed-use scheme on the 1.85ha Royal Arcade site in Crewe town centre.
The site comprised 26 retail units and the town's bus station.
The development includes a new cinema, a new bus interchange, enhancements to retained elements, improved public realm, and linkages with the remainder of the town centre.
The contract duration is 5 years, with a value of approximately AUD 20,000,000.
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