Station Square unveiled at central train station
PUBLISHED: 18:27 19 October 2016 | UPDATED: 12:14 20 October 2016
Iliffe Media Ltd
CB1 development will have new pub, and plans for £87m office block
Station Square, the 40,000 sq ft public space outside the central Cambridge railway station officially opened this week and a new pub is due to open in spring 2017.
The as-yet-unnamed pub, which will be operated by Young’s, will join a Pret A Manger, Cafe Nero, Sainsbury’s and a Rutland Cycle Shop.
Sunday also saw Abellio start their nine-year rail franchise.
The CB1 project involves the delivery of a state-of-the-art transport interchange featuring the UK’s largest cycle park with 3,000 spaces, prestigious ‘grade A’ offices, premium residential, retail and hotel space and purpose-built student residence accommodation.
Patrick Dardis, Chief Executive of Young’s, said: “We are delighted to be opening our first pub in Cambridge, in the midst of this vibrant and exciting city quarter.
“Our pubs are carefully designed to be a venue for every occasion – be it a family meal or a catch up with old friends over a few beers – and we are sure that this will be the perfect location for our premium offer.”
Sven Töpel, Chief Executive of CB1 developers Brookgate, said: “CB1 is a hugely exciting new quarter for Cambridge, undergoing a huge transformation.
“The addition of this premium pub completes the retail and leisure offer for the development which now provides quality and choice to its residents, workers and visitors.
Abellio also began their nine year franchise to provide trains to and from London and across the five counties of East Anglia.
Greater Anglia will oversee the delivery of a £2 billion package of improvements across the region.
Rail Minister, Paul Maynard, said: “Abellio’s exciting and ambitious plans will make a real difference to passengers in East Anglia, giving them faster and smoother journeys. It will also ensure the region has a rail network that supports its growing economy.
“With new trains being built by Bombardier in Derby, we are making sure that our train building industry remains strong, while delivering the biggest investment in the railways in decades.”
The £87 million forward funding of a new speculative office building, 50 & 60 Station Road at CB1, has also been announced.
Totalling 163,000 sq ft, the office scheme forms a key part of the CB1 masterplan and is the largest speculative office building to be developed in Cambridge city centre.
Aviva Investors will acquire the site. The development has planning consent and building is to commence this month be complete by February 2019.
Ed Casal, CEO of Aviva Investors Real Estate said: “Cambridge is one of those cities that embodies the type we are strategically committed to – one where talented people want to live, work, play and learn.
“As a widely recognised global hub for life sciences and bio tech industries, our conviction in the city’s prospects means we are willing to make this commitment, despite uncertainties generated by Brexit. Cambridge has a bright future and we want to be part of it.