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Announcement

QUEDAM OWNERS TO DEVELOP CATTLE MARKET SITE

The owners of the Quedam Centre will soon share their plans to develop the Cattle Market site in Yeovil town centre. Following their agreement with Premier Livestock, contracts have been exchanged and plans will now be put to South Somerset Council to bring forwards a long overdue redevelopment of the town’s most significant regeneration opportunity.

After many months of negotiation, control of the site is now with Quedam’s owners, who also own the ex Vincents Yard properties on Market Street facing the Cattle Market. Together they offer the chance to make a huge change to this under exploited quarter of the town centre, delivering new economic and community vitality in a dynamic and contemporary way.

Clearly established as a key development site within the Council’s newly published Town Centre Development Strategy (Yeovil Refresh), the Cattle Market is identified as having the potential to deliver a number of their key vision objectives, including the need to strengthen and consolidate the town centre’s retail offer and the quantity and density of residential development in the town centre.

James Tovey, general manager of the Quedam said “we’re really excited about the opportunity to bring the Cattle Market and Vincents Yard into the active heart of the town centre – we know shopping, leisure, business and community operators want to better serve the people of Yeovil and this amazing site gives us the opportunity to plan for the long term and deliver a range of social, economic and community wins which will set Yeovil town centre apart.”

The Council’s strategy document identifies major convenience retail as a good use, together with parking and residential. For example, a major anchor/attractor to the town centre, sustainably utilising the active requirements for a modern full line supermarket or the requirement for a branded discount orientated food store with parking, both of which can act as a town centre anchor and be a key addition to a vibrant town centre offer, and much more appropriate than adding to the already over supplied out of town offer.

The Quedam will soon be organising community dialogue and consultation, taking feedback on how people want to see real progress on revitalising the threatened town centre. 

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