Law firm, Howes Percival, is acting for Leicester-based property investment and development group, Charles Street Buildings (CSB) on a £50 million regeneration scheme in Leicester city centre.
CSB’s ambitious plans for the historic site at Vaughan Way, directly opposite the Highcross Shopping Centre, are one of the most significant projects for the area to date. Once completed, the scheme will consist of two new hotels for Novotel and Adagio, an office block, renovation of the former Leicester Central train station, the creation of a new public square and a super crossing across Vaughan Way linking to the city centre.
Led by partner, Nick James, the specialist construction team at Howes Percival (Simon Franklin, Director of Construction and Lora Moutafova, solicitor) have been working with CSB from the outset of the project to put in place the full suite of legal construction documentation for the scheme. This included extensive negotiations with the building contractor Morgan Sindall Construction & Infrastructure as well as the professional team responsible for designing the scheme.
Commenting on the redevelopment, Nick James said: “We are delighted to be working with Charles Street Buildings on this exciting scheme. Bringing back into use a site which had previously been vacant for nearly 40 years will be a tremendous boost to the city and its skyline.”