Hereford's old cattle market redevelopement should open by 2014 after deal is finally sealed

Demolition work on the old cattle market in Hereford should be finished by January

Demolition work on the old cattle market in Hereford should be finished by January

First published in News

HEREFORD’S £90m retail development on the old cattle market is set to open in 2014 now the deal was finally signed off this week.

But crucial papers that show how the deal was done will stay secret as access to minutes from meetings of the Hereford Futures board has been refused to a key council oversight committee.

A special meeting of Herefordshire Council’s cabinet on Monday did agree though to address conditions proposed by a scrutiny committee to safeguard the development under European procurement laws and prove value for money.

Cabinet was unanimous in its support for the scheme and the extra £500,000 that the Hereford Times revealed was needed off the council by funding partner British Land to cover a shortfall caused by “changing market conditions”.

Cabinet’s approval is still open to a legal challenge but effectively means the deal can finally be confirmed as done, having passed through its political process 12 years after development of the cattle market was first pitched.

Demolition of the market site is expected to be complete by January with the development itself – including a Debenhams department store, Waitrose and multi-screen Odeon cinema along with a number of restaurants and other shops - due to open by autumn 2014.

Alistair Shaw, development director at Stanhope said: “It has been an enormously complex process but British Land’s total buy-in and vision for the opportunity the Old Market development presents for Hereford has prevailed, despite the unprecedented economic conditions being faced nationwide.

“We thank the people of Herefordshire for their patience and support and are delighted we can now repay them by delivering an attractive and exciting new retail and leisure addition to the city centre, bringing jobs, work streams and a reinvigorated evening economy.”

Story by Paul Broome and Bill Tanner.

 

Comments (12)

Please log in to enable comment sorting

11:39am Fri 16 Nov 12

Gillian1961 says...

So its here in black and white the deal as finally been signed sealed and delivered on the Grid site of the old cattle market, I am going to keep this information hid on my computer so that you can not go back on your word, we have the evidence here so 2014 will see the finished project.
So its here in black and white the deal as finally been signed sealed and delivered on the Grid site of the old cattle market, I am going to keep this information hid on my computer so that you can not go back on your word, we have the evidence here so 2014 will see the finished project. Gillian1961
  • Score: 0

12:25pm Fri 16 Nov 12

Biomech says...

lol really? REALLY?

It's taken them 2 full years to knock down a couple of buildings and they're actually telling us that they will complete an entire shopping complex in under 24 months?

Maybe Hereford Council should do stand up.
lol really? REALLY? It's taken them 2 full years to knock down a couple of buildings and they're actually telling us that they will complete an entire shopping complex in under 24 months? Maybe Hereford Council should do stand up. Biomech
  • Score: 0

12:37pm Fri 16 Nov 12

Biomech says...

To put this into perspective.

Edgar Street Complex:
12 years in "idea" stage
2 year to knock down buildings
Claims of 2 years for completion
51,000m/sq

The Dubai Mall shopping complex is
1,124,000m/sq
6 Floors
Over 1,200 shops
22 Screen multiplex cinema
Ice Rink
Indoor themepark
Aquarium and Underwater Zoo
Largest mall in the world
Largest acrylic panel (aquarium wall, weighing 245tonnes)

.... project completion time: 4 Years
To put this into perspective. Edgar Street Complex: 12 years in "idea" stage 2 year to knock down buildings Claims of 2 years for completion 51,000m/sq The Dubai Mall shopping complex is 1,124,000m/sq 6 Floors Over 1,200 shops 22 Screen multiplex cinema Ice Rink Indoor themepark Aquarium and Underwater Zoo Largest mall in the world Largest acrylic panel (aquarium wall, weighing 245tonnes) .... project completion time: 4 Years Biomech
  • Score: 0

2:16pm Fri 16 Nov 12

apdor says...

Just to add a little more perspective, the project is part of a 20 billions USD development,

Significantly more than Hereford council has to spend, and also built in a part of the world where labour is less than have the cost here.

Asia and middle eastern countries are renowned for throwing up building is no time at all. If your salaries are half the cost you can put twice the manpower on the job !
Just to add a little more perspective, the project is part of a 20 billions USD development, Significantly more than Hereford council has to spend, and also built in a part of the world where labour is less than have the cost here. Asia and middle eastern countries are renowned for throwing up building is no time at all. If your salaries are half the cost you can put twice the manpower on the job ! apdor
  • Score: 0

2:53pm Fri 16 Nov 12

Biomech says...

You'll actually probably find that they get the work done so much quicker because they don't spend the whole time arguing in secret meetings and talking ****. They decide to go ahead and they get it done.
You'll actually probably find that they get the work done so much quicker because they don't spend the whole time arguing in secret meetings and talking ****. They decide to go ahead and they get it done. Biomech
  • Score: 0

2:54pm Fri 16 Nov 12

Biomech says...

Also, it doesn't matter that their total budget is in the billions and Herefords is a fraction of that - because the ESG is a fraction of the project.
Also, it doesn't matter that their total budget is in the billions and Herefords is a fraction of that - because the ESG is a fraction of the project. Biomech
  • Score: 0

3:18pm Fri 16 Nov 12

William Rudd says...

Where did yo get Two years from..Taken six weeks and nearly all down.
The cattle market only moved 18 mths ago
Where did yo get Two years from..Taken six weeks and nearly all down. The cattle market only moved 18 mths ago William Rudd
  • Score: 0

3:27pm Fri 16 Nov 12

Herefordian07 says...

Whilst we ridicule the time scale for this white elephant debacle, let us not forget the precious business's that were evicted by court order from the site, some of whom had traded there for up to thirty years, chucked out like a baby with the bathwater and no half million pound inducement nor thanks for the rents, rates and employment supplied lads.
Whilst we ridicule the time scale for this white elephant debacle, let us not forget the precious business's that were evicted by court order from the site, some of whom had traded there for up to thirty years, chucked out like a baby with the bathwater and no half million pound inducement nor thanks for the rents, rates and employment supplied lads. Herefordian07
  • Score: 0

4:46pm Fri 16 Nov 12

mizza21 says...

2 years is not an unreasonable time scale. This ain't the council organising the building work.
If they pull their fingers out you could be shopping there in 2014.
Although, I have to confess, I will not set foot in it. Well possibly once in a while for the cinema, but I don't use supermarkets and Debenhams is for pensioners with no style.
Besides, I will not be able to afford to park now the council have put the prices up.
2 years is not an unreasonable time scale. This ain't the council organising the building work. If they pull their fingers out you could be shopping there in 2014. Although, I have to confess, I will not set foot in it. Well possibly once in a while for the cinema, but I don't use supermarkets and Debenhams is for pensioners with no style. Besides, I will not be able to afford to park now the council have put the prices up. mizza21
  • Score: 0

6:02pm Fri 16 Nov 12

littlewhitebull says...

We will have to wait and see if the whole business is worthwhile when the place is open for business. The proof will be in 2 years time.
We will have to wait and see if the whole business is worthwhile when the place is open for business. The proof will be in 2 years time. littlewhitebull
  • Score: 0

4:36pm Sat 17 Nov 12

William Rudd says...

They are all doing much better at their new homes Herefordian07
They are all doing much better at their new homes Herefordian07 William Rudd
  • Score: 0

5:21pm Mon 19 Nov 12

Biomech says...

William Rudd, numerous reports and articles specified that work was due to begin in 2010. How can you claim 6 weeks when the demolition was also put on hold due to the Queens visit back in July?

A former press conference confirmed that the project would be COMPLETED by Easter 2014. That's essentially 17 months from now. So even less than 2 years in total to get it done.
William Rudd, numerous reports and articles specified that work was due to begin in 2010. How can you claim 6 weeks when the demolition was also put on hold due to the Queens visit back in July? A former press conference confirmed that the project would be COMPLETED by Easter 2014. That's essentially 17 months from now. So even less than 2 years in total to get it done. Biomech
  • Score: 0

Comments are closed on this article.

Send us your news, pictures and videos

Most read stories

Local Info

Enter your postcode, town or place name

About cookies

We want you to enjoy your visit to our website. That's why we use cookies to enhance your experience. By staying on our website you agree to our use of cookies. Find out more about the cookies we use.

I agree