30m cinema plan for Durham City shopping centre From The Northern Echo London based property developer Clearbell Capital has followed up its 11.
85m purchase of The Gates with firm proposals to create shops, restaurants, student accommodation, a riverside promenade and a multiplex cinema at the Durham City complex. It is estimated the scheme, which would cost around 21m just to build, would generate around 180 extra jobs and a 5m annual boost for the economy, as well as supporting 176 jobs in the construction phase and earning Durham County Council a 1.5m discount ray ban sunglasses New Homes Bonus and 430,000 a year in business rates. Planning agents Nathaniel Lichfield and Partners say the project would rejuvenate the "under performing and+ underutilised" shopping precinct and transform it from being inward looking and inactive to being vibrant and sustainable. Despite growing calls for Durham to have its own multiplex cinema, with Dragonville and Framwelgate Waterside mooted as potential venues, nothing concrete has emerged; although a development is going ahead 17 miles away at St Helen Auckland. The Gates cinema could have six or seven screens and an operator has shown an interest. A planning application has been submitted and a council committee will debate the scheme in the next few months. Nick Berry, a partner at Clearbell Capital, said he hoped construction would begin early next year and the project be finished by late 2017. "We want to get on ray ban 3449 with it and deliver a cinema that Durham hasn't had, a series of restaurants, a riverside promenade and regenerate a part of Durham that has been crying out for that investment. We're quite excited about it." A cinema was mentioned as soon as Clearbell bought The Gates last July and public consultation took place in November. The Gates was built in ray ban 5121 the ray ban 4034 1970s and 1980s but has faced problems for some years and eventually went into administration.
Planning documents suggest even its main retailer, Wilkinsons, is "struggling". I suggest that the Durham folk delay any decision until the Darlington cine complex is proven! If the Darlington cine center provides business footfall to the town then it should be a 'safe venture'. Just wait and watch what happens in Darlington as the town there is already committed.
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