Capital & Centric is a property developer specialising in regeneration schemes. The company focuses on economic and housing-led regeneration that can create new homes, jobs and other benefits for local communities.
In July 2025, Huntingdonshire District Council approved an initial partnership with Capital & Centric to explore potential regeneration opportunities within Huntingdon, St Neots and St Ives. The purpose was to develop and assess ideas that could support economic growth, town centre regeneration and the delivery of new homes.
Capital & Centric is currently undertaking engagement on a number of early-stage concepts. Once this engagement exercise is complete, the council will review the feedback received alongside technical, planning and financial evidence.
No sites have been approved for development, and no decision has been taken to progress any proposals beyond the current exploratory stage.
This webpage has been created to provide information about the partnership, expenditure incurred to date, governance arrangements and answers to frequently asked questions.
What is Capital & Centric?
Capital & Centric is a property developer specialising in regeneration schemes. The company focuses on economic and housing-led regeneration that can create new homes, jobs and wider benefits for local communities.
Why is the council working with Capital & Centric?
In July 2025, Cabinet approved an initial partnership with Capital & Centric to explore potential regeneration opportunities within Huntingdon, St Neots and St Ives.
The purpose of the partnership was to identify and develop ideas that could support economic growth, improve places and potentially deliver new homes and employment opportunities. No specific schemes or sites were approved as part of that decision.
What exactly did Cabinet approve?
Cabinet approved officers working with Capital & Centric to identify and develop regeneration opportunities, undertake stakeholder engagement and prepare business cases. Cabinet also supported the principle of working with Capital & Centric as a potential delivery partner and undertaking engagement activities as proposals were developed.
No specific developments, sites or planning applications were approved.
Why has Capital & Centric undertaken the engagement exercise?
Public engagement forms part of the exploratory work approved by Cabinet. The purpose is to gather views on potential ideas and opportunities before any decision is taken on whether proposals should be developed further.
Is this a formal consultation?
No. The current activity is an engagement exercise to gather early feedback on ideas and concepts. It is not a statutory consultation, and no planning applications have been submitted.
How will residents' feedback be used?
The council will review feedback received through the engagement process alongside technical, planning, financial and other evidence. This information will help inform future decisions about whether any proposals should progress.
Why can’t you just cancel the work now?
The engagement activity is running until 4 September. Once the engagement period closes, a report will be produced bringing together the results of all the engagement work, including online responses, face-to-face feedback and other relevant factors.
This will provide a clear, evidence-based picture of the feedback received and help inform any recommendations that are brought forward. The report and any resulting recommendations will then follow the council’s normal governance processes.
Have decisions already been made?
No. No decision has been made regarding whether any regeneration proposal will proceed. The current work is intended to assess options and gather evidence before decisions are considered.
Any future progression would require formal approval through the council's governance processes.
Has the council approved any developments?
No. The council has not approved any developments, regeneration schemes or planning applications as part of this work. Any decision to progress proposals beyond the current stage would require further approval through the council's governance processes.
Have any sites been approved for development?
No. No sites have been approved for development by the council. The concepts presented as part of the engagement exercise are ideas for consideration and feedback, not approved development proposals.
Is the council contractually committed to proceed?
No. The council can choose not to progress beyond the current stage. Progression is subject to governance approvals and gateway controls.
What are the gateway controls?
The agreement includes formal gateway stages which require approval before work can progress further. Progression beyond the current stage requires formal approval by the council.
What happens if none of the proposals progress?
The council can decide not to proceed with any proposals. While concept-specific work may have limited future use, surveys, engineering assessments, planning advice and other technical information may still help to inform future regeneration, planning and asset management decisions.
Has any council-owned land been sold or committed as part of this work?
No. The council has not sold, transferred, optioned or committed any land as part of the work undertaken with Capital & Centric. No development agreement has been entered into.
What benefits could regeneration bring if proposals eventually proceed?
Potential regeneration projects may support economic growth, town centre renewal, new homes, employment opportunities, public realm improvements and wider investment into local communities. However, no decision has been made on whether any specific proposal will progress.
Further information about the proposals is available via Capital & Centric:
The engagement activity is due to close on 4 September.
Questions regarding the council's role in the partnership can be directed to the Economy, Regeneration and Housing Delivery Team at markettowns@huntingdonshire.gov.uk.
Feedback on the engagement exercise should be directed to Capital & Centric through their published channels.