Preston Sainsburys

Preston Sainsburys changes hands for £54m

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%.

Stoneygate 1

GALLERY | Preston shares Stoneygate vision

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.

UCLan Student Centre

Two in race for £32m UCLan student centre

Charlie Schouten

Bam and Bowmer & Kirkland have been shortlisted for the Hawkins\Brown-designed building in Preston, set to provide 78,500 sq ft of education and amenity space.

Park Hotel Preston

Preston’s East Cliff complex set to be restored

Charlie Schouten

The site of the former Park Hotel overlooking Avenham and Miller Park is set to be brought back into use as a mixed-use destination featuring a four-star hotel and office space.

Preston Road 2

Construction edges closer on £190m Preston link road

Lancashire County Council is set to sign off an updated planning application for a £190m road linking the A583 with Cottam and the M55 with the project due to start next year subject to approval from the Secretary of State.