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Consultation event to showcase proposals for Park Street car park redevelopment

News release from 13/05/2019

A CONSULTATION event showcasing proposals to redevelop Park Street car park as an aparthotel, with a new underground car and cycle park below it, will take place on Thursday 16 May.

Cambridge Investment Partnership (CIP), which is a partnership between Cambridge City Council and Hill Investment Partnerships, is working with its selected development partner, Marick Real Estate (MRE), to submit a detailed planning application for the redevelopment following the consultation.

The comments received during the consultation event will help to shape proposals for the final planning application.

The event is open to all to attend and will take place at the Guildhall from 2pm to 9pm. Display boards will be on show illustrating how the new aparthotel and car park will look. 

Council officers, representatives from MRE and the hotel operator will be on hand to explain the proposals in more detail and answer any questions.

The redevelopment is set to include a premium aparthotel operated by the Wilde brand for StayCity with a maximum of 229 rooms (keys), a publicly accessible courtyard with landscaping and a food and beverage offer tailored to its guests.

The basement car park is set to provide 225 publicly available car parking spaces including Blue Badge parking, cycle parking spaces, motorcycle parking space and facilities for electric vehicle charging.

Cllr Lewis Herbert, Leader of the Council, said: “Creating a new underground car and cycle park and adding an aparthotel at Park Street will be a major improvement for this part of the city centre.

“We will be replacing an outdated car park with a scheme that will add a long-term economic boost for the area north of the historic city core, including electric charging able to service every parking place in the future.

“The new car park will offer 60% of current car capacity which reflects actual usage and aligns with our strategy to encourage people to use public transport in order to improve air quality.

“The aparthotel will diversify the city’s visitor accommodation, helping to increase the length of stays which is good news for local businesses.

“We will continue to work closely with Park Street Liaison Group, residents, businesses and the local primary school to keep them informed about the process and to minimise disruption once the redevelopment gets under way.”

Marcus Boret, Director of MRE, said: “We are delighted to be working with Cambridge City Council and Cambridge Investment Partnership to deliver this scheme, where we can demonstrate our skills in complex urban mixed use redevelopment encompassing stakeholder liaison, demolition, archaeological investigation and deep basement construction.”

Simon Walford, Development Director (UK) of Staycity, said: “We are delighted to be opening Wilde in such a fantastic destination and as part of this superb city centre scheme. Cambridge is perfect for our mix of both leisure and business guests who will enjoy the city’s many cultural and historic attractions as well as its plentiful restaurants and cafés.

“With new Wilde properties due to open in Edinburgh and Berlin this year, in addition to our first Wilde in London’s Covent Garden, we are excited to add Cambridge to our pipeline of first rate European cities which also includes properties planned for Paris, York and Dublin.

“Our aparthotel guests typically stay three to four days, so it’s essential they have a wide choice of restaurants and cafés in the immediate vicinity. For that reason our Wilde sites are located in the centre of cities, and this one will support those local businesses in the Park Street area and the wider city.”

Information about the proposals which will be displayed at the consultation event on 16 May is also available online at [link removed].

Comments can be submitted online at the consultation website, by email to: leaving a name and address along with comments or by post to Park Street Car Park, ELG Planning, 55 Coniscliffe Road, Darlington, DL3 7EH.

The deadline for comments is Friday 31 May.

A planning application could be submitted this summer with works starting to get under way on site in early 2020.