Carters Square Uttoxeter
Carters Square is a key site included in the Uttoxeter regeneration programme. Taylor Woodrow acquired the site in 2006, and subsequently secured a planning consent for a retail-led, mixed-use scheme, including an element of residential use.
Delivery of the Taylor Woodrow scheme was secured by a development agreement, which obliged the developer to complete the consented mixed-use scheme by October 2010. However, following a merger with George Wimpey in 2007, the newly formed Taylor Wimpey, which disposed of its commercial development business, has been unable to deliver the non-residential element of the development. They have agreed terms with a specialist developer, Lingfield, who will be legally responsible for delivering a new, viable retail development.
At the end of 2011, a new development agreement between Lingfield and the Borough Council was completed, which will see Lingfield take possession of the Council’s Carter Square car park, although it will remain a public car park, serving shoppers in the new development, as well as visitors to the Town Centre.
Precise terms are currently being kept under wraps due to a confidentiality agreement, but the timeframe should see a planning application for a revised retail development scheme at Carter Square in late spring, which should then lead to a start on site in around 12 months time. Actual construction should take less than two years.