Cartwright Pickard are designing a private rented sector (PRS) development in Sheffield city centre for CTP, who have been selected as the preferred developer by Sheffield City Council for this £38 million development project.
The first institutionally-owned PRS development in the city centre Porter Brook, a 200 unit apartment building, will be located close to the Sheffield Midland Train station in the Cultural Industries Quarter. The 160,000 sqft mixed-use development will comprise two blocks of six and seven storeys, with one and two-bed apartments, together with commercial units on the ground floors fronting Sidney Street.
David Topham, director of CTP, commented: “This is a very significant development for Sheffield, providing the city with its first-ever dedicated private rented sector building. There is a pressing need for competitively-priced, well managed apartments to rent in the centre of the city and Porter Brook will address this.”
Councillor Leigh Bramall, deputy leader of Sheffield City Council and cabinet member for business skills and development, said: “We look forward to working with CTP on this extremely important development for Sheffield. This will be the first PRS development of its kind in Sheffield City Centre, following on from the success of similar schemes in London and Manchester. This model delivers high-quality, properly-managed, institutionally-owned private rental apartments and will fulfil an important need in the city. The development will also reinvigorate the Cultural Industries Quarter and we are hoping that the units on the ground floors of the two apartment blocks will be occupied by small independent shops, cafes and creative businesses which will promote the distinctly individual atmosphere in the quarter.”
A planning application for Porter Brook will be submitted this summer with work scheduled to start on the council-owned site next year. It will be ready for occupation in 2018.
Cartwright Pickard completed the award winning Sellers Wheel mixed use scheme in Sheffield’s Cultural Industries Quarter in 2012 and are currently delivering a 270 bed student residential scheme on Matilda Street.