Insider Media Limited

Birmingham-based Lingfield Securities has signed a contract with the Sutton Coldfield-headquartered Ministry of Defence agency Defence Estates. Lingfield will undertake the development of the latest phase of a new town centre at Catterick Garrison, in a project worth £25m.

Lingfield Securities’ proposal outlines “a vibrant town centre development” for the major British Army base, said Defence Estates.

Up to 120,000 sq ft of retail and leisure floorspace will be created and spread across more than 20 units. A car park with 285 parking spaces and a 80-bed hotel will also be created within the 3.5-hectare site.

Detailed planning consent will be sought early next year, said Lingfield Securities. Work on site is expected to start later in 2012.

Jonathan Hart, chief executive of Lingfield Securities, said: “The Catterick Garrison site presents an exciting opportunity for the delivery of a town centre with quality public space that will add value to the surrounding community.

“The area has recently seen major regeneration with the opening of Catterick Leisure Centre last year and substantial expansion works to the Tesco store adjacent to the site just completed.

“With linkages to these sites already incorporated into the plans, the entire scheme is set to complement and add to the vitality of the retail and leisure offer available throughout North Yorkshire and the Dales.”

Property adviser GVA Grimley acted as consultant in the selection of the developer.