Liverpool property consultancy The Momentum Group secures project management role on £99m regeneration scheme. Tony McDonough reports
Property consultancy The Momentum Group have been appointed as project managers, cost consultants and retail delivery managers for a major project.
Plans to redevelop Cockhedge shopping centre in Warrington have now been approved with the project being led by town centre regeneration specialists, Altered Space. This is part of the wider £99m Greater Cockhedge Master Plan.
This aims to breathe vital new life into a local retail destination. It will create job opportunities and increase footfall by attracting new retailers, leisure, and food and beverage operators.
Liverpool-based Momentum will take on this contract via its Momentum Advise division. The plan includes downsizing the shopping centre by 25% through the demolition of 16 retail units, totalling 63,000 sq ft and removing the pedestrian bridge over Scotland Road.
To replace the demolished shops, the developer will reconfigure 7,000 sq ft to create four modern external facing units, creating a more aesthetically pleasing space, as well as reconfiguring space previously occupied by Argos into several new retail units.
Momentum Advise will manage all aspects of the work including demolitions, construction, project programming, costs and budget planning and tender and contractual arrangements, as well as the retail delivery.
Chris Renshaw, co-founder and director of The Momentum Group, said: “Success in unlocking the regeneration of this historic and important site is a big prize for Warrington.
“We are very much looking forward to bringing our expertise and experience in retail design and delivery, which includes at Grosvenor’s Liverpool ONE and Queensberry’s Liverpool Metquarter.”
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This redevelopment of Cockhedge Shopping Centre is part of a larger two-phase regeneration scheme by Altered Space.
Michael Brown, managing director of Altered Space, added: “The approval of our planning application enables us to contribute to the potential of Cockhedge and foster the growth of Warrington’s economy.
“Alongside the retail developments, the project will unlock the residential development footprint fronting Scotland Road, capable of delivering 900 new homes for Warrington town centre.”