Hammerson, owner and manager of the flagship destination Highcross, has submitted plans to redevelop the former Debenhams store at Highcross, St Peter’s Lane, Leicester, into new homes for rent.
Hammerson has worked jointly with private-rented-sector specialist Packaged Living, who has extensive experience of bringing forward high quality PRS schemes, to develop the application.
The submission follows a virtual public consultation which took place at the end of last year, where members of the local community were invited to view the plans and attend a virtual community meeting and Q&A session with the project team.
The consultation ran for ten days and feedback on the plans was positive, with over 80 per cent of consultees supporting the proposed regeneration.
On completion, the scheme will provide over 300 new homes and an improved public realm for the city alongside bespoke resident amenities including a roof garden.
Mark Bourgeois, managing director UK and Ireland at Hammerson said, “While the structural shift in retail and changing consumer shopping habits have meant that destinations such as Highcross need to adapt their offer and mix of uses, well-connected city centre locations such as this will always be places where people want to be.
“We are delighted to submit this proposal for high-quality homes for local people to rent, which will support our brands at Highcross and contribute to the continued success of Leicester City Centre.”
Mark Woodrow, joint managing director at Packaged Living said, “St Peter’s Lane is the result of Hammerson and Packaged Living’s shared vision to deliver good quality rental homes within sustainable, mixed-use communities. We are delighted to be working with Hammerson, bringing our investment, development and operational experience in the build-to-rent sector to support the re-purposing and evolution of this excellently located asset.”
