Hanson Capital Management’s £150m Worthing Gateway regeneration proposals in Worthing, Sussex, have been approved.
Worthing council has given the go-ahead for a nine-screen cinema, which is under offer to Vue, 260 new homes, an 88-bedroom hotel, new restaurants and shops, a 50,000 sq ft Sainsbury’s, health and fitness centre, a new conference and exhibition centre and car parking for 967 cars.
Construction work is scheduled to start in mid-2012 with the completion of the project by Christmas 2014.
John Desmond, managing director of Hanson Capital Management, said: “We have had very strong support from residents who want to get the project moving so that the long-term Teville Gate eyesore can be finally cleared away and a new start made on this key town centre site.
“The supermarket and cinema are already under offer and discussions are progressing with occupiers for the Hotel and Conference and Exhibition Centre. Discussions are also taking place with national and regional restaurant groups.”
HNG and Savills are joint letting agents.
annabel.dixon@estatesgazette.com
