Proposals that would see the current St Marks shopping precinct demolished to make way for new shops, a hotel and flats will go up for public consultation this week.
The major £150 million plans would see around eight businesses pulled down, including Toys R Us, Toby Carvery, Burger King, Homebase and a two-storey car park.
Plans will be unveiled in full between 10am and 5pm at the entrance to St Marks at 152 High Street on Friday, November 4.
The event, organised by Standard Life Investments – the owners of St Marks – is being held ahead of the submission of a formal planning application in late Autumn.
As reported previously, new developments on the site would create between 1,400 and 2,000 new jobs in Lincoln, private and student housing and a new hotel.
David Stewart of Standard Life Investments said: “We are looking forward to sharing our plans for St Marks with Lincoln residents and businesses, and to hearing their feedback.
“The scheme we’re proposing will inject substantial new investment into the city and generate new employment opportunities.”
Key changes include the provision of:
- up to 485,000 sq ft of new retail and leisure
- up to 150 new residential units
- up to 1,100 new student residences
- a hotel of up to 130 rooms
- a car park of up to 1,100 spaces
Full details of the proposals will be found after the public consultation event on a dedicated project website here.