The rejuvenation of the Riverside Opportunity Area, formerly known as South Bank, will be one of Peterborough’s largest regeneration projects in two decades. Despite facing similar funding challenges to local authorities across the country, Peterborough City Council is pushing forwards with redevelopment plans by seeking a private sector joint venture partner to complete the project with.
The partnership, which should last for 20 years, could result in a mix of new residential, commercial and leisure developments at Riverside, as well as the expansion of existing green spaces within the area. It may also see the re-use of historic buildings and the creation of a new iconic bridge across the River Nene.
Anthony Collins Solicitors have been appointed to advise the Council on its procurement process to find a private sector partner, as well as preparing the legal framework for the joint venture and future developments.
Chris Plumley, partner at Anthony Collins Solicitors, said: “The innovation and vision of Peterborough City Council proves that it is still possible to undertake major re-development despite a reduction in readily available funding. Riverside is set to be extremely important in stimulating growth across the City and we are very excited to be working alongside them on this landmark scheme.”
Councillor Marco Cereste, Leader of the Council and Cabinet Member for Growth, Strategic Planning, Economic Development, Business Engagement and Environmental Capital, said: “We want Riverside to become a thriving, high quality quarter, reconnecting this area into the city centre. We are striving to make Peterborough bigger and better – and this is a very important part of how the city will develop over the coming decades.”
Last week, the NHF published its final version of its new Code of Governance and made some important changes from the previous draft that will impact on those housing associations looking to adopt it.
As the end of 2020 beckons, we take a look at what progress the Sterling market has made in its preparations for the end of the London Interbank Offered Rate (LIBOR) on 31 December 2021.
Finally, there is a glimmer of hope that perhaps the Covid-19 pandemic could be reaching its end.
For part 2 in this series of short podcasts, Chris Lloyd-Smith interviews senior associate Lisa Whitehouse on how she has been coping during these unprecedented times.
Delayed since Spring 2020 as the Government tackled the Covid-19 crisis, Tuesday 17 November saw the publication of the Social Housing White Paper, setting out the future regulation of the sector
In this ebriefing, we examine how the duty holder regime will apply to social housing providers with existing HRRBs in their housing stock.
Following Katherine's "heads up" last week, the Government has now confirmed that for claim periods post 1 December, employers will not be able to claim for employees who are serving their notice
For part 1 in this series of short podcasts, Chris Lloyd-Smith interviews solicitor Puja Desai on how she has been coping during these unprecedented times.
Over 100 trainees and future trainees from Birmingham joined the BTSS for a webinar to address concerns around training remotely and qualifying during a possible recession.
Anthony Collins Solicitors has supported Birmingham-based Complete Care Holdings in its acquisition of Amegreen Complex Homecare Ltd.
To receive invitations to our events, as well as information and articles on legal issues and sector developments that are of interest to you, please sign up to Newsroom.