Cityheart has been announced as the preferred development partner for the Four Waterside and Marefair sites by the West Northamptonshire Council (WNC). Cityheart will work in a joint venture partnership with WNC to bring about a transformational and ambitious scheme for the town centre.
Situated at the entrance of the town from Northampton's railway station, the Four Waterside and Marefair scheme is a major brownfield development in the county. The two sites, totalling 20,234m2, are expected to be unlocked in 2025 to provide a new hotel, grade A office space for new and existing businesses, high-quality homes, and improved paving and planting to enhance the area.
This project marks Cityheart's first appointment via the Pagabo National Framework Agreement for Developer Led schemes. WNC has secured a grant of approximately €1.7m from The Towns Fund and around €8m from the Northampton Waterside Enterprise Zone to help deliver the project, which will contribute to the wider transformation of the town.
Cllr Daniel Lister, cabinet member for economic development, town centre regeneration and growth, said: “We are delighted to announce that we are working with Cityheart to deliver this significant development. Their expertise will be invaluable in transforming the two vacant brownfield sites and providing high-quality facilities to meet the needs of our local community and benefit our local economy. This area has stood empty for too long, and we are excited to now begin the relevant preparation before we start work in 2025. Once complete, this development has the potential to have a transformational impact upon Northampton town centre and beyond.”
Andrew Sanderson, development director of Cityheart added: “This superb site will open up the gateway to the town centre from the rail station and will be transformational for Northampton. It will deliver waterside residences and highly sustainable workspace, enhancing the living experience for people in the town centre. Cityheart is extremely proud to be appointed as preferred developer and we look forward to making a start on the project before the end of the year.”
