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Significant Lincoln Development Made Public

Posted by Richard Ward in

Image courtesy of Flickr, Creative Commons

Plans to transform the western section of St Marks shopping precinct in Lincoln have been put up for public consultation.

The significant £150 million development will see around eight businesses demolished as well as a two-storey car park.

In its place the plans call for up to 1,100 new student accommodation beds, a hotel of up to 130 rooms, a car park of up to 1,100 spaces as well as new residential, retail and leisure units.

The public consultation, organised by Standard Life Investments, the owners of St Marks, is being held ahead of the submission of a formal planning application expected in late Autumn.

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."

It's expected that the site would create between 1,400-2,000 new jobs in Lincoln, including those within private and student housing.