East Yorkshire council has terminated its agreement with Town Centre Securities for the development of a £12m shopping scheme in Bridlington.
The local authority chose the developer in February with a brief to provide Bridlington’s first covered shopping precinct. Proposals were for the scheme to be anchored by a 35,000-sq ft supermarket plus 25 units totalling around 80,000 sq ft.
The council has now released Town Centre from the scheme after a failure to agree on, say the developers, “a number of clauses in the proposal”.
Town Centre director Edward Ziff says that the council wanted to restrict the tenant make-up of the scheme to almost exclusively national multiples.
Initially, the authority wanted no class II users in the centre, but relented later to allow one. A reluctance to include local traders was also cited by Mr Ziff as part of an “unrealistic” approach to a Bridlington shop scheme.
Town Centre own 16 properties either in or adjoining the site between Promenade and Hope Walk and any new developer would have to work with the Leeds-based company.
Mr Ziff said they were “very disappointed” — having already spent over £1m on the scheme — but hoped that a new agreement could be reached.
