The Department of the Environment has decided not to call in Stakis Land & Estates’ £35m development of a 5-acre site near Cheltenham’s town centre.
Backed by the council, the proposals include an 80,000-sq ft office building for the national headquarters of Gulf Oil, which will form the northern side of a new public square. With a 136-bedroom Stakis hotel, there will be small offices in front of a multi-storey car park and a new bus station. Architects for the scheme are the Sir Basil French Partnership with Fletcher Ross Hickling Joseph and the Heath Avery Partnership.
The development site is a council-owned 336-space surface car park on Portland Street, and a derelict 3 1/2-acre coach station controlled by the developers.
Stakis will commence work early next year with completion of the project set for late 1991.
