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Economic Development

Canada Life says it is 'committed' to Cheltenham redevelopment as campaigners criticise progress

The spa town's oldest department store was on the Promenade since 1823 but the Cavendish House site, which was home to House of Fraser, closed in April last year

Cavendish House in 2023(Image: Cheltenham Civic Society)

Cheltenham Civic Society says it is disappointed with the progress of plans to redevelop the landmark Cavendish House. The oldest department store in the spa town, which has been a fixture on the Promenade since 1823, was home to House of Fraser until it closed its doors in April last year.

A month later, the site reopened with pop-up stalls, while the owners deliberated on redevelopment plans for the town centre landmark. Canada Life Asset Management has been engaged in pre-planning application discussions with Cheltenham Borough Council.

Last year, councillors were informed that a mixed-use scheme, including substantial town centre accommodation, would be the most viable use for the site. However, Cheltenham Civic Society (CCS) has expressed dissatisfaction with the slow progress on the redevelopment of Cavendish House.

They say that Canada Life assured them in April last year that it was in pre-application talks with the council and expected to engage with the Civic Society in late May or early June 2024 to arrange a briefing as part of their consultation exercise. According to the civic society, Canada Life and the Borough Council have been discussing options for the site's redevelopment for at least four years.

The company maintains that it is committed to bringing forward proposals for Cavendish House and continues "to have productive conversations" with the council.

Civic Society chairman Andrew Booton said: "The slow progress demonstrates the opacity and turgidity of the pre-application process and the owner's lack of commitment to the town.

"So much property in the town centre is controlled by absentee landlords, who only see buildings like CavHouse as a line on a spreadsheet.

"As a consequence, the gap between the public's interest and the owner's profit motive just gets wider."