West Northamptonshire Council (WNC) has appointed social impact developer Capital&Centric as its development partner to revitalise a key site in Northampton town centre – transforming the former M&S and BHS department stores into a new neighbourhood.
The £70m scheme will see the creation of hundreds of new homes alongside restaurants, bars, cafés, and landscaped public spaces. The scheme will offer amenities including a rooftop terrace, resident gym, mini cinema, co-working spaces, and more.
Vacant for years, works to prepare the site, including deconstruction of the existing buildings, is underway, clearing the way for development to kick on.
Cllr James Petter, cabinet member for local economy, culture and leisure at West Northamptonshire Council, said: “This marks a major step forward in the regeneration of Northampton town centre.
“Capital&Centric are one of the UK’s most experienced developers when it comes to transforming complex town centre sites. They’ve delivered successful projects across the country, creating vibrant places where people want to live, work and spend time.
“Their expertise will help bring much-needed homes, jobs and opportunities to Northampton, supporting the wider regeneration of our town.”
John Moffat, joint managing director at Capital&Centric, said: “Northampton has massive potential, and this site is a game-changer for the town centre. We’re not interested in cookie cutter blocks, we’re creating a place where people want to live, work and hang out.
“This is about taking a tired part of town and making it somewhere that buzzes with life again. We’re pumped to be working with the council and the local community to bring this vision to life.”
Capital&Centric’s plans will be refined in the months ahead, with community input shaping the final vision.
