The current hotel on site will be knocked down to make way for a six-storey office block, the new home of HSBC. It will also include shops, bars and restaurants, some of which will be built on a newly-pedestrianised Charter Square. The 15,000 sq ft office block is the focal point of phase one and seen as a ‘catalyst’ for further development by the council. This is known as the Cavendish Building.
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