Ribbons were hung on a birch ‘wishing tree’ on top of the highest building in the Circus Street Brighton development today, as part of a ‘topping out’ ceremony held by U+I, Brighton & Hove City Council and Kaplan on 18th April.
Dignitaries and project partners donned hard hats and took part in the traditional ceremony on top of a 12-storey block on site, to mark this important construction milestone.
The first spade was also put in the ground to mark the start of constructing the Dance Space, which will be home to South East Dance when the scheme is completed in autumn next year.
Richard Upton, Deputy Chief Executive of U+I, said:
“This is an exciting moment for us with construction progress on track and we look forward to completing the whole development next year. We are bringing Circus Street back to life, creating a vibrant new place offering substantial cultural and socio-economic benefits to the wonderful city of Brighton & Hove.”
Brighton & Hove City Council leader Warren Morgan said:
“It is fantastic to see such great progress on a project which will bring new homes, jobs and community and cultural facilities to the city centre. Circus Street and Preston Barracks are superb examples of public private partnerships bringing long derelict areas of land back to productive use for local people.”
Jamie Watton, CEO of South East Dance, said:
“We can’t wait to move into the new Dance Space next year – this is the start of our exciting future, helping to bring dance to everyone in the city and the wider region.”
Central to the Circus Street designs is a new public square, with restaurants and shops targeted at independent businesses, creating an exciting new retail and leisure destination for the city. The Dance Space will open onto the square and provide a new home for South East Dance, a leading arts organisation and charity. This facility will provide much needed space for creative projects and performances, adding to Brighton’s lively cultural and artistic community.
Construction of the mixed-use regeneration scheme, Circus Street in Brighton, started in autumn last year after funding for the delivery of the project was secured with GCP Student Living plc, the UK’s first REIT focused on student residential accommodation, and Gravis Capital Management Limited (“GCP”). Coast to Capital LEP has also contributed £2.17 million to the project.
A public private partnership between U+I and Brighton and Hove Council, this important £130 million project will see a derelict, former fruit and vegetable market in central Brighton transformed into a thriving new quarter and cultural destination for the city.
The development, designed by leading architects shedkm with TP Bennett, will create over 400 jobs and inject £200 million into the local economy over the next ten years and includes 142 new homes; 450 student bedrooms; 30,000 sq ft of new office space plus workshops offering creative businesses start up accommodation and room to grow.
British firm Henry Construction is the construction contractor building the scheme, standing out for their emphasis on offering local jobs and apprenticeships for young people on the site.
Paula Seager, Natural PR
Tel: 01273 857242
Mob: 07830 300469
Notes to Editors
U+I is a specialist regeneration developer and investor.
With a £6bn portfolio of complex, mixed-use, community-focused regeneration projects including a £200m investment portfolio, we are unlocking urban sites bristling with potential in the London, Manchester and Dublin city regions. We exist to create long-term socioeconomic benefit for the communities in which we work, delivering sustainable returns to our shareholders.