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18 October 2001
Our selection by APU is further proof that our vision and skills in mixed-use development create added value and open up quality new business opportunities.
Countryside Properties PLC, the developer of sustainable mixed-use and mixed-tenure projects, is pleased to announce that it has been chosen by "APU" Anglia Polytechnic University as its development partner, to promote and redevelop APU's 6 acre Central Campus site, in the town centre of Chelmsford, Essex, adjoining the train station. The appointment by APU of Countryside Properties comes at the end of a detailed selection process.
Countryside Properties is proposing a major mixed-use scheme, with a completed development value of more than £100m, designed by internationally renowned architects, Richard Rogers Partnership. It is proposed, subject to planning permission, that the development will include a substantial number of new homes of mixed tenure, as well as retail and leisure facilities, cafés and restaurants, offices, and a new arts quarter. In addition, a Central Square will serve as a focus for the scheme. Access to the adjoining Chelmsford train station will be improved, and some of the existing key historic properties will be retained and refurbished.
APU will vacate the Central Campus site in two phases, in 2003 and 2005. Countryside expect to commence works in mid 2003 with an anticipated completion date of 2008.
Graham Cherry, Chief Executive of Countryside Properties PLC, commented, "We are delighted to have been selected to work with APU to deliver our vision of a sustainable mixed-use development, of the highest quality, in the town centre of Chelmsford. We will create a vibrant urban quarter that will further enhance Chelmsford's status within the East of England. Our selection by APU is further proof that our vision and skills in mixed-use development create added value and open up quality new business opportunities."
APU vice-chancellor Michael Malone-Lee said: "Our partners, Countryside Properties, will create a new residential, commercial, and arts quarter for the town that will set exceptionally high standards of architecture and urban design. We've been impressed by their ability to create added value for everyone."
The sale of the Central Campus site will enable APU to complete the building of its award-winning Rivermead Campus. All of the University's facilities in Chelmsford will then be located at Rivermead where the town will have a University Quarter in prestigious modern buildings.
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Information correct as at 18/10/2001