Marshall's Yard Wins Industry Acclaim For Dransfield
Yorkshire Based Property Developer Receives Industry Acclaim
The skills and expertise of urban regeneration specialist, Dransfield Properties Ltd, were recognised when it won a coveted industry award.
Against stiff competition, the company - in conjunction with Prospect Estates - has been awarded the East Midlands Property Dinner's prestigious Regeneration Project Of The Year Award for its £38 million development, Marshall’s Yard, in Gainsborough.
The announcement was made at a special awards ceremony in Nottingham which was attended by almost 700 guests, who heard the high profile judges announce the results and make the following citation:
“This was a simply brilliant entry, a £38 million project that has shifted the whole centre of gravity of Gainsborough town centre while retaining the town’s natural heart. It was a brave decision but a superb example of regeneration”.
Mark Dransfield, managing director of Dransfield Properties, said:
“Winning this award is recognition of the company’s commitment and of the hard work and outstanding effort of all who worked on the project. This is a proud moment for all of us and we are thrilled that those efforts have been rewarded by this coveted award.
“It is also a proud moment for Gainsborough and it is enormously gratifying for Dransfield to see such a remarkable transformation of the town’s fortune”.
Kurt Jacobs, editor of Insider, the business publication with the widest circulation in the Midlands, which organised the event on behalf of EMDA, said:
“EMDA’s property awards, which are divided in to eight different categories, are extremely important as they provide a valuable showcase to reflect the huge and diverse development and property industry in the East Midlands.
“The quality of entries of finalists and winners was probably the best yet in the events history”.
Marshall’s Yard opened in April this year and has transformed a derelict brownfield site into a vibrant visitor destination, reversing market failure in Gainsborough, a town which had been in decline for many years.
Next, New Look, Marks & Spencer, JJB, Halfords and Costa Coffee are among the tenants on Marshall’s Yard, bringing a new retail offer to the town which was previously dominated by charity and discount outlets. The centre also houses 20,000 sq ft of office accommodation, with 80 per cent now let.
On the site of a former engineering works, Marshall’s Yard incorporates many listed structures, and with new architecture carefully designed to blend with the old with the new, the centre has a stunning architectural mix not found in typical shopping centres.
At the heart of the development is a landscaped piazza and multi-jet fountain, providing a high quality public open space, designed to encourage dwell time within the centre and provide a focal point for visitors.
The regeneration benefits are already being felt throughout the town with town centre traders reporting an increase in turnover, some by as much as 100 per cent.
For further information, contact:-
Public Relations Department, Dransfield Properties Ltd
Tel: 01226 360644