Client: Kelham Island Developments (KID)
Development Opportunity: Westpack Gate 3A and Gate 5 Buildings, Cornish Street, Sheffield, S6 3AA
Client Brief:
• Would like to increase floor space
• Client is an experienced mixed-use developer
• KID have business relations with an international development partner keen to invest in this site. The partners are keen to see something that is sustainable, meets local objectives and also stands out as an exemplar project.
Taking into consideration KID’s expertise as mixed-use developers, their skillset has been utilised to maximise output both in efficiency and quality. The development consisting of a healthcare surgery on the ground floor with five two-bedroom apartments on the first floor allows both medical and residential functionality in one multi-purpose building. Both floors could be repurposed in the future to improve the obsolescence of the building. KID have expressed that they would like to increase the building’s floor space. The addition of a second floor allows space to be maximised to increase value and maximise profit.
Due to the significant flood risk, flood mitigation systems have been discussed. The best solution would be to use piling to raise the property. The ground floor space under the structure can be utilised as vehicle parking.
G7 has identified cost to be the highest priority in the development, followed by quality and time. Due to the nature of the site (previous industrial use, contamination, flood risk and proximity to watercourse) we anticipate that costs will be high. In order to maximise return on capital, cost will be the key consideration. KID have stated the importance of sustainability and environmental impact. There will be substantial budget allocated to the sustainability features which are above and beyond that of a fit for purpose development. Therefore, time is of lesser importance. KID have not specified a specific deadline or schedule. By lowering the priority of time, cost can be better controlled.
Created by Charlotte Count, Tom Foster-Ash and Connor Littlemore