Developers team up to buy Mecca Bingo building
Two York property companies have joined forces and together bought a key gateway site into the city centre.
North Star and Grantside have completed the purchase of the Mecca bingo building on Fishergate, on the edge of York City Centre for an undisclosed sum.
The companies also recently announced a joint venture purchase of a Grade II listed building on Clifford Street in York.
Grantside was founded in 1993 but relaunched earlier this year. It has delivered projects with a GDV over £750m in real estate across the UK.
Its founder and CEO, Steve Davis, said: “This is a key site for York and a gateway into the city centre. We are currently reviewing all our options for the future of it and how it can add to York’s landscape.
“This deal follows our other recent joint venture with North Star. We are both proud York businesses and understand the importance of both sites we have bought recently.”
North Star has been very active in recent months and has started works on the former gasworks site in Heworth to transform it into a new community and neighbourhood park.
The business also has a number of other commercial developments in York.