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Cambridge Guildhall and Corn Exchange Set for £55 Million Redevelopment

The city council is now on the lookout for a contractor to manage the redevelopment

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Cambridge Corn Exchange - Guildhall
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Cambridge is moving forward with a major £55 million redevelopment project aimed at transforming its city centre. The Cambridge Guildhall, a historic building at the heart of the city, is set to undergo a significant makeover, providing modern facilities while preserving its iconic heritage.

The city council is now on the lookout for a contractor to manage the redevelopment, which promises to breathe new life into the area. The project will focus on enhancing the Guildhall’s infrastructure, improving public spaces, and ensuring the building meets the needs of modern businesses and visitors alike.

This redevelopment is part of a broader initiative to revitalise Cambridge’s city centre, making it more accessible and attractive for residents, businesses, and tourists. The project is expected to stimulate local economic growth by attracting more visitors and fostering a vibrant community hub.

A Historic Landmark

The redevelopment plan focuses on significant improvements to Cambridge’s civic and office spaces. The Grade II-listed Guildhall, one of the city’s most cherished landmarks, is set to undergo a major £41 million refurbishment. The project will involve extending the roof to create a new pavilion, integrating solar panels, and extensive internal retrofitting to meet net-zero sustainability goals. Additionally, the Guildhall will feature new commercial office space, with the potential for the Museum of Cambridge to relocate there, pending funding.

The Corn Exchange, another prominent building in the Civic Quarter, will also be revamped. The first phase of its transformation will include replacing the roof, improving insulation, and installing solar panels to bolster its sustainability efforts. This work is just the beginning, as the total budget for the Corn Exchange and Market Square redevelopment aims to reach £76 million over time, though constrained finances mean these two areas will be tackled in phases.

With a rich history and promising future, the Guildhall redevelopment is set to be one of the most exciting developments in Cambridge’s urban landscape. If you’re interested in keeping up with this major project, stay tuned for updates as the city moves closer to the next phase of this transformative initiative.

Market Square Resurfacing

The surrounding Market Square, a central public space in the city, will also see a major overhaul. Initial works will focus on resurfacing the area, improving accessibility and aesthetics. These enhancements will make Market Square a more inviting and functional space for residents and visitors alike.

Contractor Procurement Process

Cambridge City Council is seeking a contractor to work on a two-stage design and build basis for the project. The work will begin at RIBA stage 3 design, with the contractor collaborating closely with the council’s design team. The project is expected to progress through a pre-contract services agreement, culminating in a build contract once planning permission and listed building consent are granted.

Contractors interested in taking on this prestigious project are encouraged to reach out through the ProActis procurement system. The council has scheduled a supplier event for mid-January, ahead of the official tender launch.

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