Czero targets residential future for derelict Preston 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.

Preston's momentum mustn't stop at making its public realm look good: an innovative city-living strategy could be the key to its continued success, writes John Bridge of architect Studio John Bridge.

Pillars Construction has put forward plans for three residential blocks on Avenham Lane in Preston, totalling almost 300 flats.

Following a consultation earlier this year, the housebuilder has submitted plans for 125 homes on the plot off Jepps Lane, near the M6.

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.