Iliad developers secure £190m Warrington regeneration contract
Liverpool-based property developer Iliad Group has won a joint contract for the £190m regeneration of Warrington’s new ‘Stadium Quarter’.
Warrington Borough Council has approved the 90 acre scheme, which will link the town’s bus exchange with Warrington Wolves’ Halliwell Jones Stadium and create a mixed use location for education, business, leisure and housing.
The project will run over the next ten years and create up to 1,000 construction jobs along with almost 4,000 permanent jobs when it is completed in 2024.
David Anastasiou from Iliad commented: “This development is potentially a ‘game changer’ for the whole of Warrington, it will anchor and assist in the redevelopment of the downtown area offering uses that are supplemental to the retail and Leisure offer.
“Iliad are excited at the Proactive and positive response that Warrington Council have shown and very much look forward to playing our part in the renaissance of this important area of Warrington.”
The council will work alongside Iliad to complete the scheme which is currently in draft form and will be finalised after a consultation with stakeholders.
Warrington & Co., a partnership created to act between Warrington Council, business leaders and key organisations, will manage the scheme and then go on to deliver future regeneration projects in line with the council’s Warrington Means Business proposals.
Steve Park, managing director at Warrington & Co., said: “Warrington is booming economically as we outstrip our rivals.
“Omega is already well underway and it is great to be bringing forward this town centre scheme and revitalising and re-energising this core area of town.”
Warrington Council Leader Terry O’Neill added: “This marks the start of a very exciting chapter in the regeneration of our town centre and forms part of our ambitious plans to breathe new life into the area.
“Iliad has an excellent track record of urban regeneration and we are looking forward to working with them and delivering this scheme.”