£13.8 million transformation of Gloucester's Greyfriars Quarter will begin in the new year

The redevelopment of Gloucester's Greyfriars Quarter into vibrant retail, culture and community space will move forward as planned in 2026, with funding for the first phase of the project set to be approved by Gloucester City Council.

By Jake Chown  |  Published
Funding of £11 million for Gloucester City Council's Greyfriars Quarter project was awarded by the government in November 2023.

'Ambitious' plans to transform Gloucester's Eastgate Market Hall, along with parts of the shopping centre and connecting outdoor areas, into new retail and community space will progress as planned in 2026, the city council has announced.

Gloucester City Council's cabinet was set to approve the release of £4 million to fund the first phase of its Greyfriars Quarter development at a meeting on Thursday 10 December 2025, with planning work on the project already underway.

It comes with council currently in a negative financial position, with cabinet also approving an application to government for up to £17.5 million to keep essential services running, while it implements a recovery plan that includes funding cuts for cultural venues and events.

Funding for Greyfriars is already secured, with £11 million from the previous government's Levelling Up fund that was confirmed in November 2024, topped up by already earmarked funds from the council's capital budget, which the authority says 'is used for major projects such as this'.

The redevelopment will see the 'outdated' market hall and disused parts of Eastgate Shopping Centre replaced, with a modern market that's 'a bright, welcoming space for local traders and shoppers'; and a food hall that offers 'the perfect place to eat, relax, and mix with friends and family'.

Also central to the project is the creation of a 'stunning and accessible' 450-seat performance and cultural venue that's 'designed to offer something for everyone'.

Outdoor spaces around the shopping centre will also be revamped, to create a new park along with improved landscaping and walkways.

Adjacent historic buildings including the remains of Greyfriars Monastery will be safeguarded through the scheme, with the blend of heritage and 'modern city living' expected to increase footfall for other businesses in the area, too.

The scheme is scheduled for completion in 2028, with the council is planning to consult with traders, other stakeholders and the public before submitting final plans.

The first phase involves relocating the current market to Bell Walk, so that traders can continue to operate in the city while the new market place is built.

Council Leader Jeremy Hilton said: 'Greyfriars is the next big step in Gloucester’s city centre renaissance. 

'This project will bring more people into Eastgate, boost trade for all our local shops and businesses and create a vibrant area that also celebrates our heritage. 

'We’re building a city centre that works for residents, traders and visitors – across daytimes and evenings.'

Caroline Courtney, cabinet member for culture and leisure, commented: 'This project is a game-changer for Gloucester’s cultural offer and audiences. 

'It will give us the flexibility to host everything from live music, dance and theatre to community workshops and festivals, complementing existing venues and creating vital and accessible cultural facilities for our city, with a greater platform for both homegrown and national talent.'

More on Eastgate Shopping Centre More

More on Gloucester More

More from Business More