BAM selected for £480M Sheffield Retail Quarter development
Mar 24, 2017 – BAM Construction has been selected by Sheffield City Council as the main contractor for the first phase of the £480M Sheffield Retail Quarter development.
The first phase of the project includes approximately 15,000 sq m of office space and 6,000 sq m of retail and restaurant space. HSBC was named the first anchor tenant of the development.
A Sheffield City Council spokesperson said: “BAM has been selected as the main contractor for the first phase of the Sheffield Retail Quarter, which includes a new city centre location for HSBC and associated retail and business units, and is currently appointed under a pre-construction services agreement.
“HSBC has signed as the anchor tenant on a 15-year lease which commits a vitally important employer to the city centre. Main construction activity is due to start shortly with completion of the building and new public realm due in the first half of 2019.”
Kelvin Pollard, BAM Construction director, said: “This is Sheffield’s most significant construction scheme, and our track record in the City is already second to none, so BAM is thrilled to be working on something that affects the lives of so many people here.
“It’s a demanding and complex scheme, requiring a well-developed suite of skills and expertise, and a modern approach to technology and collaboration. That is our reputation in a nutshell. We’re already on site and are excited by the challenge of making it happen.”
Sheffield Retail Quarter is expected to create approximately 2,500 jobs.
In 2016, urban regeneration specialist Queensberry Real Estate was selected by Sheffield City Council as the preferred bidder for the role of strategic development partner in the mixed-use project.