Developers submit bids for Guildford's North Street
By mattcollison | Tuesday, February 05, 2013, 14:29
THREE developers named the "best in their class" have submitted bids for a major redevelopment in Guildford town centre.
Guildford's North Street is set for a major redevelopment.
Land Securities, Lend Lease and Queensberry are all hoping to be picked for the proposed North Street revamp.
Guildford Borough Council's evaluation panel will pick the preferred developer to the authority's Executive on March 28.
Details of the planned re-development will follow.
Lead Councillor for Town Centre Planning, Cllr James Palmer, says: "We are delighted that all three shortlisted developers have committed to the next stage in the selection process and submitted formal bids.
"They represent the UK's best in class for development and all have the experience and expertise to develop this important site to support Guildford's thriving economy now and into the future."
He added: "There will be plenty of opportunity for further engagement with local people and stakeholders after selection of the preferred developer. We encourage everyone to give us their views and help shape and regenerate this important part of the town."