Palmus Developments, part of the North East-based High Street Group, has revealed proposals for a £45m mixed-use development in John Street, close to Warrington Central station.
The plans include around 6,400 sq ft of retail and leisure, 362 apartments and 796 car parking spaces.
Keith McDougall of Palmus said: “The proposals will lead to a range of short and long term economic benefits; generating employment, creating economic value, boosting housing supply and boosting to local authorities financial resources.”
The Manchester office of planning and development consultancy Lichfields is taking the plans forward on Palmus’ behalf, and has now submitted the plans to Warrington Council. Triangle Architects has designed the scheme.
Lichfields said that the development will support over 200 construction jobs during the build period and dozens more in the commercial space once complete. It could also lead to £1.9m in New Homes Bonus payments for the council and an additional £500,000 in council tax revenues
Simon Pemberton, senior director at Lichfields, said: “The site has previously had planning permission for 284 apartments and commercial uses which was secured by the original developer just before the recession.
“Palmus is fully committed to bringing the site forward and has been working on new proposals for its redevelopment for a number of months.”