A planning application for the proposed development of St Marks has been submitted to Lincoln City Council by owner, Standard Life Investments.
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. The proposals include an enhanced retail offer, new leisure space and enhanced and increased public realm, improved car parking, and a combination of student and residential accommodation. The 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
The application includes the west side of the Retail Park where Toys ‘R’ Us and Homebase are currently located, as well as the partial reconfiguration of the east side of St Marks.
Last November’s public consultation received overwhelming local support with nearly 90% of people who provided feedback on the proposals saying they welcomed the development.
David Stewart of Standard Life Investments commented: “We’re confident that our proposals have the potential to significantly enhance this important gateway to the city centre by attracting new retailers, creating new investment and housing, and generating between 1,400 and 2,000 new jobs in Lincoln. We’re very encouraged by the positive reaction we’ve received to date from local people.”
If planning permission is granted and other key milestones are achieved, work could begin in 2020 with the entire project potentially being completed by the end of 2023 or early 2024.
Full details of the project are available on the dedicated project website – www.stmarksconsultation.com.
Justin St Clair-Charles, firstlight PR, +44 (0) 20 3617 7233; email@example.com
Keir Bosley, firstlight PR, +44 (0) 20 3434 3859; firstname.lastname@example.org