Chester

Development Update

15 May 2014

Muse Developments

City Place

> Up to 10 buildings

> Up to 500,000 square feet of space

> Circa 200 canal side residential units

> c.£120m development value

> Enhanced gateway

> CW&C delivered public realm and relocated car park

Masterplan summary

Location

Location

Masterplan

> New station car park

> New gateway and pedestrian access

> Relocated police station

> New public realm

Making the place

New station car park

Work has started!

Gateway works

> Up to seven storey, Grade A office building

> 70,000 square feet

> Minimum BREEAM Excellent

> Potential ground floor active use

> £16.5m value

> £19.50 - £21.00 psf rent (including parking)

> Evergreen and ERDF funding

Delivering the development – Phase 1

First phase office building c.70,000 sq ft

View from the station

City Place

> Complete new station car park – May 2014

> Commence phase 1 building – June 2014

> Commence public realm works – August 2014

> Complete phase 1 building and public realm – September 2015

> Commence residential development – August 2015

Programme – Phase 1

A business location

Chester

Development Update

15 May 2014

Muse Developments