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MERCURY RISING FOR SHEFFIELD LEISURE CENTRE

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A High Court judge has opened the way for construction of a massive-scale leisure centre - including a cinema with ...
A High Court judge has opened the way for construction of a massive-scale leisure centre - including a cinema with a record 22 screens - on the outskirts of Sheffield.

The company behind the scheme - Mercury Asset Management/ THI Plc (THI) - has been involved in a 'commercial race' with rival developers - Meadowhall Leisure Ltd - who have their own plans to build a leisure centre for the City.

THI's scheme already has planning consent and Meadowhall's project is also likely to win it shortly, but the commercial reality is that only one will ever be built.

Meadowhall had challenged in the high court the Sheffield Development Corporation's grant of planning consent for the THI development, but Mr Justice Forbes dismissed its case.

And the judge's ruling now makes it likely that THI will win the race to be the first to start construction. The judge gave his reserved ruling at Liverpool Crown Court after a hearing in London's High Court in November.
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