The site could be worth more than £500m once developed.
The development of the site, which is one of the largest opportunities outside London, has been a long time coming to fruition. It is 10 years since the first planning consent was obtained. Its owners, a joint venture between Stanhope and Benson Elliot, have planning permission for 930,000 sq ft of offices, 150,000 sq ft of retail, 450 homes and a new public square.
Irrespective of whether Lincoln updates these plans, local property experts are confident that the resulting scheme will be a success.
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