Wychavon Council has selected Savills as its commercial partner to help drive forward the transformation of the Riverside Shopping Centre site in Evesham, Worcestershire.
The appointment, which was announced this week at UKREiiF, will see Savills help shape the vision for the redevelopment of the site and attract investment by securing the right partner to deliver the mixed-use scheme.
Richard Morris, leader of Wychavon Council, said: “Appointing a commercial partner of Savills’ calibre is another major step forward for the Riverside regeneration project and underlines the scale of the opportunity in Evesham. The fact a globally recognised consultancy with such a strong track record in regeneration wants to be involved in this project shows the confidence there is in the potential of what we’re planning for the Riverside site.”
Emma Kearsey, Wychavon Council’s executive board member for planning, infrastructure and urban design, added: “Our ambition is not to replace a shopping centre, but to create a vibrant mixed-use development that reconnects the town centre with the river, supports businesses, increases town centre living and reflects Evesham’s character and heritage. The expertise Savills offers will be crucial in helping us deliver that vision.”
Michael Maguire, development director at Savills in the West Midlands, said: “Wychavon District Council’s acquisition of the Riverside Shopping Centre creates a unique opportunity to bring forward a transformational, mixed-use redevelopment at the heart of Evesham town centre. Savills has been appointed to take this opportunity to the market, seeking either a developer or a delivery partner with the vision and capability to unlock the site’s full potential.
“Backed by the council’s significant investment and clear commitment to regeneration, Riverside offers the chance to deliver a high quality mixed-use scheme that redefines this important riverside location, increases town centre living and acts as a catalyst for wider economic renewal across Evesham.”
