16 Mar 2021, 10:22
Developer Genr8 has formalised its partnership with Japanese investor Kajima Corporation, seeking further town centre regeneration opportunities across the UK.
The arrangement follows the opening last year of the £80m first phase of Rochdale Riverside, a 200,000 sq ft retail and leisure destination designed by architect TP Bennett.
The scheme opened in spring 2020, featuring a 50,000 sq ft Marks & Spencer and a six-screen cinema.
Having completed an £80m funding deal with M&G Investments to deliver the scheme, the partnership’s contractor Wilmott Dixon started on site with remediation works for the next phase, which is to include 240 apartments and a 146-bed Hilton hotel.