Thursday, April 22, 2021

Development agreement signed for Sheffield Olympic Legacy Park masterplans

A development agreement has been signed for the 850,000 sq ft masterplan at Sheffield Olympic Legacy Park.

A development agreement between Sheffield City Council and Scarborough Group International (SGI) will see Sheffield Olympic Legacy Park transformed into a “vibrant, world-class community for the health, wellbeing, sport and activity sectors”.

The plans are expected to create up to 5,600 high-value jobs.

SGI has developed a masterplan for approximately 850,000 sq ft of commercial space across an 80-acre zone, which is already home to a number of significant sporting, education and research institutions.

The developer intends to submit a planning application for the first phase of the scheme, which will feature a circa 40,000 sq ft Enterprise Centre to support fledgling businesses in the health, wellbeing, sport and activity sectors, by the end of the year.

Work has also started on the Legacy Community Stadium, which will provide 23,000 sq ft of flexible business space, a professional-quality artificial grass pitch and a covered stadium that will eventually have capacity for up to 3,900 spectators.

In mid-January 2021, a range of partners involved in transforming Sheffield Olympic Legacy Park into a leading community for the health, wellbeing sport and activity sectors, welcomed a series of other milestones that will take the development a step closer to achieving its future vision.

This included the news that Canon Medical Systems will create a new, world-class research hub for product development that promises to transform the speed and accuracy of diagnostics for the NHS and healthcare industry.

Sheffield Children’s NHS Foundation Trust will also bring forward the development of a ground-breaking National Centre for Child Health Technology which will have a major impact on child health and the NHS across the country.

At 67,000 sq ft, ‘Endeavour’ currently represents the largest speculative office scheme in Sheffield city centre and, when complete, will feature a dedicated marketing suite for the Sheffield Olympic Legacy Park project, showcasing the full range of space and facilities on offer to potential occupiers.

The Community Stadium is expected to be completed by Q1 2022.

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