Citrus Group

Prince Bishops Place steps back in time! Beamish https://lnkd.in/d6tJs85X, the world-famous open-air museum and most visited attraction in the North East, has opened its doors in Prince Bishops Place, Durham! The Museum which welcomed 801,700 visitors in 2023, has branched out with its first ever retailing store outside of the Museum, taking a prominent vacant within the shopping centre. The “Beamish Emporium” is a great example of partnership working and innovation, bringing a much-loved attraction to the high street, extending the brands reach with the aim of retailing ticket sales and gifts and running community outreach initiatives within the space. James Taylor Regional Director and Group Head of Planning for Citrus Group commented “We are delighted to welcome Beamish Museum and their Emporium to Prince Bishops Place, this quasi retail, leisure and community offer will bring much needed colour and vibrancy to the high street”. Citrus acquired Prince Bishops Place Shopping Centre in 2022 to, in the longer term, repurpose as a mixed-use development. Beamish Museum #highstreet #popupretail #urbanregeneration #propertydevelopement #PrinceBishopsPlace #DurhamCity 

Grey or Green? Citrus welcomes the Government’s announcement on freeing up lesser attractive areas of Green Belt the so called “Grey Belt”. James Taylor Citrus Group’s Regional Director and Group Head of Planning has this to say about the initiative.   “This is arguably a much-needed move by government to refresh how as a Country we consider development in the Green Belt and the criteria for doing so. Previous policy did permit some development on previously developed land within the Green Belt but this was flawed as the test on not harming the openness was always a high bar! In our experience the Grey Belt is not the answer to hitting the 1.5m new homes by the end of the government’s term, but it can be a contributor to housing land supply giving Local Authorities more flexibility on the land they bring forward and helping to alleviate what is in some areas acute pressure on the Green Belt from housing demand.      Arguably there are bolder steps that could be taken, some LA’s have already been bold and deallocated less valued areas of Green Belt recognising that considerable time has elapsed since the Green Belt boundaries were first drawn and carried through from plan to plan without reassessment.   For the Government’s policy to succeed it must be bold, unambiguous and unwavering in its ambition so Local Authorities can use it with conviction.   For anyone who has been involved in ushering cultural change in business it is not a change which happens quickly or easily. Green Belt and the sacrosanct nature of it is a widely valued symbol of enduring planning policy by many communities, in this respect it has been very successful. The Government’s messaging, constant reinforcement and employing all the symbols of change will be needed as understandably there will be push back at the local level. Some will see this as stealth policy to erode the strong values of the Green Belt. For the Local decision makers (many of whom will be supportive of this change) it presents lots of inherent challenges, which is ultimately why many LA’s decide not to fiddle with the Green Belt so the Government has to be robust if this is to be a success.   It is an exciting period for planning reform and ushering in a new wave of development impetus and we look forward to the opportunities this can bring to the sector.   #greenbelt #government #property #propertydevelopment  

📢 Exciting News from Citrus Group! *Prince Bishops Place Shopping Centre Redevelopment Plans Approved* We're thrilled to announce that Citrus, alongside our joint venture partners, successfully acquired Prince Bishops Place Shopping Centre in 2022 with a vision to transform the City Centre shopping quarter into a vibrant, mixed-use destination! After a comprehensive public consultation in summer 2023 and submitting plans in March 2024, we are proud to share that on 3rd July 2024, our proposal received approval. Some highlights of what we have planned: 🏢 Revamped Retail Space: A complete reconfiguration of the existing retail area, creating 30 flexible units across 45,000 sq ft. 🌳 New Public Square: A stunning public square facing the River Wear, offering breathtaking views of the UNESCO World Heritage site, Durham Cathedral. 🏨 Hotel: Overlooking the historic marketplace, providing a charming stay in the heart of the city. 🏠 Student Accommodation: A 408-bed student housing scheme repurposing the redundant upper floors. Whilst planning is a key milestone there is vast amount of work and time needed to move forward to the next phase and the foreseeable future remains business as usual at the Shopping Centre. #UrbanRegeneration #Retail #CityCentreRevamp #PrinceBishopsPlace #DurhamCity #Redevelopment Visit our website to find out more about Citrus Group - https://lnkd.in/eixmCzDD

Announcing Citrus Group's Brand Refresh We are excited to launch our new look brand signalling our continued pursuit of innovation, excellence, and sustainable growth. Citrus Group - Transforming Property since 2006 Our Group activities include: 👉 Real Estate Investment and Development 👉 Growing our extensive portfolio comprising of multi-sector Commercial assets; shopping centres; residential investments; mixed use Development including industrial and logistics; residential; drive thru’s; self-storage; retail and green energy 👉 Bringing forward Strategic Roadside Development Schemes leveraging our strong and longstanding relationships with leading operators 👉Strategic Joint Ventures to deliver Self Storage; PBSA; Strategic Land; Shopping Centre re-purposing; mixed-use development 👉 Residential to include BTR; Co-Living; PBSA; Specialist and Affordable Housing; Property Part Exchange in partnership with major house builders #BrandRefresh #RealEstate #PropertyDevelopment #PropertyInvestment #CitrusGroup For more information please visit our new look website www.citrus-group.co.uk