Vertical Salary Review: flexible working climbs staff priorities

Czero Developments and Buttress Architects have submitted a planning application to Preston City Council, for the residential conversion of the grade two-listed St Joseph’s Orphanage.

Preston City Council has launched the search for multi-disciplinary design services to progress its plans for a £10.7m revamp of the Harris, a landmark in Market Square.

The two developers are working in partnership on a fresh planning application for an overhaul of Preston’s indoor market, set to include a cinema, restaurants, and a multi-storey car park.

Legal & General has sold the 78,000 sq ft store in the town centre to Supermarket Income REIT for £54.4m in a deal reflecting a net initial yield of 5.1%.

The REIT has secured lettings in Warrington and Old Trafford totalling more than 16,000 sq ft, including at Oakland House, an office it purchased in 2016 as part of a wider portfolio trade.

The local authority has provided more detail on the masterplan to guide the regeneration of a 61-acre swathe of the city centre, focussed around Queen Street Retail Park, Cardinal Newman College, and St John’s the Minster.

InfraRed Capital Partners and asset manager Sovereign Centros have agreed a 26,000 sq ft letting to Matalan at St George’s Shopping Centre in Preston.

A masterplan to guide the regeneration of Stoneygate in Preston, including the area around Queen Street Retail Park, Cardinal Newman College and St John’s the Minster, has been revealed.  

Fresh proposals for the 299-apartment development on Great Shaw Street are due to be considered at Preston City Council’s planning committee on Thursday.