Daventry District Council has signed a development agreement with Henry Boot Developments to be preferred development partner for a town centre scheme.
Henry Boot will now enter into detailed negotiations with West Northamptonshire Development Corporation prior to the submission of a planning application for the phased development of two prominent sites in the Town Centre.
New library and high street for Daventry
Phase one will include 75,000 sq ft of high street retailing as well as a new library. Phase two will include 90,000 sq ft of large shops, 65,000 sq ft of offices, hotel, bars, restaurants, a gym and homes.
Alan Jones, development surveyor at Henry Boot Developments, said: ‘This is an important regeneration project at the heart of the substantial growth being enjoyed by Daventry. It will contribute greatly towards providing a revitalised and diverse town centre and significantly benefit the local and surrounding communities.’
Drivers Jonas advised the council.