Salisbury regeneration a step closer
Proposals to regenerate the Central Car Park and Maltings site in Salisbury have moved a step closer to becoming a reality.
Wiltshire's cabinet agreed the council should enter into a development agreement with the preferred bidder for the £50m shopping quarter, Stanhope.
This allows the council to proceed with further public consultation and to submit a detailed planning application.
The details of the agreement are confidential.
The deal obliges the council to grant Stanhope a long lease of the site once specific conditions have been achieved, such as the granting of planning consent for the development.
The draft proposals include shops, restaurants, leisure facilities and enhanced links with historical areas of the city centre.
Council officers told the cabinet that not proceeding with the agreement would see the economic vitality of the city centre diminish.
They said there were already retail developments taking place or planned for Winchester and Southampton, which will increase the attraction of those cities to shoppers.