ST MARKS LAUNCHES PLANS FOR MAJOR DEVELOPMENT

Plans for the extensive development and improvement of St Marks are to be unveiled to the public in November. The mixed-use development has the potential to generate between 1,400 and 2,000 new jobs in Lincoln, as well as attracting new retailers to the city.  It will also create new private and affordable housing and retail space. 

Following discussions with the local planning authority, a public consultation including specific meetings with key groups such as the University and Historic England will be held during October and November, before a formal planning application is submitted to Lincoln City Council in late autumn.

Standard Life Investments, owner of St Marks since 2003, has prepared proposals for the comprehensive development of the Retail Park on the west side, which is currently occupied by Toys ‘R’ Us and Homebase amongst others.  The proposals also include the partial reconfiguration and extension to the east side of St Marks, which currently houses Debenhams, Mothercare and Argos.

The proposed development will create a more comprehensive and cohesive mixed-use scheme at St Marks to complement Lincoln’s existing retail offer and improve the links to the High Street and the University.  It will provide additional retail and leisure space, new public spaces, improved car parking and a combination of student and private accommodation.  Key changes will include the provision of:

·         up to 485,000 sq ft of new retail and leisure

·         up to 150 new residential units

·         up to 1,100 new student residences

·         a hotel of up to 130 rooms

·         a car park of up to 1,100 spaces

Between 10am and 5pm on Friday 4 November Lincoln citizens will be able to view detailed plans and feedback on the proposals at a public consultation event in the entrance to St Marks at 152 High Street.    Members of the project team will be on hand to answer questions.

A dedicated project website ­– www.stmarksconsultation.com – provides the chance to contribute ongoing feedback and will contain full details of the proposals after the public consultation event.

David Stewart of Standard Life Investments commented: “St Marks is a prominent site and the gateway to the city centre. The proposed development offers the opportunity to significantly improve the look and feel of this gateway as well as injecting substantial investment into the city, including new employment opportunities.”

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