Progress at Dover St James retail and leisure development
Developers Bond City, and Legal & General Investment Management (LGIM) Real Assets, who are funding and will own the Dover St James retail and leisure development are finalising terms with a new contractor.
Clive Lynton, Development Director for Bond City, said: “Our sub-contractors have been busy preparing the site. Following the demolition of Burlington House and the County Hotel our focus has been on the extensive archaeology, ground remediation, and utility diversions which are now complete, and the installation of a new electricity sub-station should be completed before Christmas.
“The permanent works have already commenced. The piling is well advanced and is currently on target for completion by Christmas, and the foundations to the cinema and hotel are underway. Structural steelwork to the cinema has been fabricated in Northern Ireland and is due on site in January 2017.”
The site will close down for the Christmas and New Year holiday from 21 December 2016 to 3 January 2017.
About Dover St James
Dover St James provides 156,915 sq. ft. of modern retail and leisure accommodation in the heart of Dover town centre. The retail element is anchored by M&S and Next, whilst the leisure component includes a six-screen Cineworld, a 108-room hotel and six restaurants. Legal & General Investment Management Real Assets committed £53.25m to acquire and fund the development on behalf of its Managed Property Fund in May 2016. The site is being developed by Dover District Council and its development partner, Bond City/Stonehurst Estates.
Posted on 13/12/2016