PROPERTY Agreement reached for Circuit of Wales track Warrington Council wants to revitalise the town


Warrington to be revitalised by mixed-use project


Warrington Council has outlined plans to revitalise the town centre with a £52m mixed-use development. Te scheme, which will have a contempo-


rary market hall at its heart, is set to create a new family-friendly shopping, restaurant and leisure experience featuring a multiplex cinema and new civic centre. Te 3.4 hectare (8.4 acre) development


site extends from Bridge Street and across the Time Square development and includes the site of the existing market. The project will be delivered by


Warrington Borough Council with devel- opment partner, Muse and will be managed by Warrington & Co, which was established to act as a partnership between Warrington Borough Council, business leaders and key organisations to deliver strategies. Details: http://lei.sr?a=p4K4v


GuocoLeisure to launch new luxury global hotel brand


London-based global hotel subsidiary of the Singapore-listed GuocoLeisure Group, glh, has announced the launch of a new luxury hotel and private residences brand. Clermont is launching with three new


developments on two continents with a gross development value of £2.1bn. As part of the plans, the Royal


Horseguards hotel, which sits on the north bank of the River Tames, will become Clermont London in 2014 aſter an exten- sive renovation. Other hotels and residences anounced


include Clermont Singapore, which will form part of a mixed-use development and will open in 2016. Clermont Kuala Lumpur will be situated in Damansara City and will open as part of a mixed-use development in 2016. Finally, Clermont Residences are due to open in Singapore and Malaysia, adjoining the Singapore and Kuala Lumpur Clermont Hotel with services being offered to permanent residents.


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Work is set to commence on a £280m motor racing circuit in Blaenau Gwent, Wales, after the group behind the plans – Heads of the Valleys Development Company (HVDC) – signed a legal agreement with the l ocal council. HVDC reached an agree-


ment on the Section 106 aspect of the circuit’s plan- ning application with Blaenau Gwent County Borough Council (BGBC) and expects to begin pre-enabling works before the end of the year. Full construction will start in early 2014 with completion due in 2015-16. To be built as a low carbon automotive


centre of excellence, Circuit of Wales repre- sents the UK’s largest ever privately-led capital investment programme in motor sport-related infrastructure. Te first phase of the multipurpose devel-


opment will be the construction of an international specification motor racing


Construction work on the site is due for completion in 2015-16


circuit, including a hotel and commercial and retail complexes. It is designed to host international motor


sport events and will be a centre for motor sport-related industries. It will include a 3.5- mile track that takes advantage of the unique topography of Ebbw Vale, a Motocross track, an international karting track and off-road driving facilities. Details: http://lei.sr?a=p4h3R


China invests in Manchester scheme in the £650m


China’s biggest bank is to invest


Manchester Airport City project, according to the Financial Times. The paper said that the


state-owned Industrial and Commercial Bank of China is to sign the deal when George Osborne visits Beijing with a view to rekindling Sino- British relations aſter months of diplomatic tension. Te 150-acre (60.7-hectare)


development is centred on Manchester Airport’s inter- national links and will feature 2,500 hotel beds and 100,000 sq ſt (9,290sq m) of retail and leisure. Manchester Airports Group (MAG) is


Te Manchester Airport City project is to receive £650m from China


behind the scheme, which was announced aſter the UK government confirmed the area as a new Enterprise Zone in March 2011. A two-stage masterplan will see two core


Airport City zones developed, the first adjacent to the airport’s railway station and including hotel, office and retail uses. Te second zone will be located next to the existing cargo centre and will focus on logistics


Read Leisure Opportunities online: www.leisureopportunities.co.uk/digital


and freight. Te development is expected to be undertaken over a 12- to 15-year period. A central park stretching more than 800m


(2,625ſt) will act as the centrepiece to the proj- ect and include pavilions and event space, while linking with existing local green space. Mr Osborne will fly to Beijing on 13


October, a day after Boris Johnson, the London Mayor, heads to China on his own trade and investment mission. Details: http://lei.sr?a=c6w7b


Twitter: @leisureopps © CYBERTREK 2013


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