Carlisle Citadels Development – Soft Market Testing
Posted on July 06, 2020
AspinallVerdi on behalf of Carlisle City Council, Cumbria County Council and the University of Cumbria is exploring interest from potential occupiers, developers, or investors who wish to participate in the regeneration of the Citadels area to inform the development of the project.
The Citadels provide a gateway to the City of Carlisle between the station plaza and the city centre. The Grade 1 listed Citadel towers are some of the most iconic and historic buildings in Carlisle originally built in the 16th century.
Cumbria County Council is working with Carlisle City Council, University of Cumbria, and Cumbria LEP to repurpose the historic Citadel buildings and redevelop the area immediately to the north-west of the western tower. Whilst the historic buildings will be conserved, the remaining properties will be demolished to provide space for new-build development in this area.
The redevelopment of the site is led by the delivery of a new c. 14,000 sqm campus for the University of Cumbria as the anchor occupier that will occupy around 75% of the site.
The redevelopment of the Citadels site presents one of the most important investment opportunities in Carlisle and the Borderlands. It already has Strategic Outline Business Case approval for funding and is progressing to Full Business Case stage. The site has considerable untapped potential for occupiers, developers and investors in commercial elements including: food and beverage, leisure, cultural, offices, flexible workspace to increase vitality in the city centre.
We are exploring interest from potential occupiers, developers, or investors who wish to participate in this exciting regeneration project.Download Marketing Flyer