Sunderland plans hailed an ‘exciting’ move
Plans developed by Siglion for the first phase of Sunderland’s £100m redevelopment strategy have been hailed as an “exciting” move. Siglion is a joint venture partnership between Carillion and Sunderland City Council managed by igloo. The hybrid application included details of proposed office space, leisure facilities, restaurants, residential accommodation and a hotel which the developer believes would have a “significant positive impact” on the city both economically and socially.
Neil McMillan, chairman of Siglion and development director of Carillion, said: “We’ve reached an exciting stage in this major redevelopment project at the former Vaux site, which will regenerate key areas of Sunderland not just for the immediate future but for the benefit of generations to come.”
Siglion chief executive John Seager added: “This is the first major speculative office development in Sunderland for many years. Even larger cities in the UK are rarely willing to speculate on office buildings, so this is a great step forward we’re making for Sunderland. The plans have been very well-received by local residents and businesses in the city and we’ve taken on board their comments.”
Councillor Paul Watson, leader of Sunderland City Council, said he is looking forward to “watching the transformation of this important and highly-visible part of our city centre, providing jobs, homes and leisure facilities for people in Sunderland”.