Sheffield Property Market Information

Sheffield city centre will be graced with prestigious luxury apartments by around 2010. These apartments will be held in what will be the tallest building in Sheffield. This block will be a 32 storey high building situated between Arundel Gate and Peace Gardens. The price range on these flats are between £130,000 to £290,000 in phase one and £407,000 for a penthouse in the next phase. Ground work has already started on the site and actual construction of the site due to start around February 2007. in the beginning there was concerns with the construction of the 32 storey block, with the scale of the construction so close to the Victorian Town Hall and also the shadow that would be cast on the Winter Gardens but after careful consideration Councillors gave the go ahead. The St Paul’s Tower which is what the tower is to be named is the latest phase of the £180 million Heart of the City Programme.

However some critics have doubts on the need of more apartments being built in Sheffield. With more and more apartments getting built and even some apartments are left standing empty there is some doubt to whether more apartment are really needed. But we at Rent a Home Sheffield Team believe that the construction of the St Paul’s Tower is a well timed asset to the city. It has been timed perfectly with the regeneration project of Sheffield’s city centre. The towers prestigious appearance and luxury apartments will attract the right sort of crowd the new “Sheffield” will need after all the regeneration projects have finished. The towers image will attract the young professionals and classier individuals who lust for the best of the best of style and attention to detail.

The Harrogate based City Lofts , which is working with Heart of the City developers CTP St James are also behind projects in Liverpool, Salford Quays, Leeds, Nottingham and Cardiff. Mr Hurst on behalf of the St Paul’s Towers said “this is our most prestigious building to date, no question about it. It will be a landmark building and carry our flag for some time to come” As said above the Rent a Home Sheffield Team think that the success of the tower and the success of the regeneration project was attracting the type of commercial development that would bring investors and individuals interested in the city.

Source - Sheffield Telegraph