Page 6 - July 2020

uk news inbrief

THE GLASS WORKS SECURES NATIONAL OPERATOR DUNE LONDON CHOOSES

AS BARNSLEY BEGINS COVID-19 FIGHTBACK SPRINGFIELDS FOR NEW STORE BELSTAFF RE-OPENS A STORE
The re-opening of the Belstaff store in Glasgow
comes with the launch of a new appointment
The Glass Works – the £180M retail and leisure scheme Prestigious fashion footwear brand, Dune service that means Belstaff will now offer out-
led by Barnsley Council alongside development manager London, will open a brand new store in a of-hours appointments, allowing consumers to
Queensberry – has announced the signing of a major prime position in Springfields Outlet, the shop when the store is otherwise closed. It is all
national retailer. leading retail and leisure destination in part of a trend in the segment which recognises
TK Maxx has committed to Barnsley by taking a new the East of England, post-lockdown, after the need for a perfect customer experience.
modern store in the development, which is on schedule completing a major top-spec shop fit. The
for completion next summer. scheme has also signed the fast-growing
Despite the ongoing fallout from the coronavirus British lifestyle brand, Lazy Jacks, who will QUINTAIN PLANS APPROVED
pandemic, the popular high street retailer has signed open their first ever outlet. Plans to extend outdoor seating across
a 15-year lease and will take a 21,951sq ft, two-floor International retailer, Dune London, is Wembley Park this summer, which will more
unit opposite Cineworld – a prime location in the town to open a 1,280sq ft unit which will offer than double the alfresco dining space approved
centre regeneration. The is the final MSU (Mid-Size its stylish ranges of men’s and women’s by Brent Council. The plan will create an
Unit) unit remaining in the scheme, following lettings footwear and accessories at up to 70 per alfresco dining destination across the largely
to NEXT, Sports Direct (with fashion arm USC) and cent off the RRP. Having opened its first store pedestrianised 85-acre estate.
the already open JD Sports demonstrating retailer in London in 1993, it now has stores across
confidence in Barnsley’s trading potential. the UK and overseas, seeing significant
Alex Hyams, Leasing Manager for Queensberry growth in the Middle East, Switzerland and BAYFIELDS GETS INVESTMENT
added: “We’re delighted to secure TK Maxx for The India in recent years. Bayfields Opticians and Audiologists has secured
Glass Works as it marks a great milestone.” funding that will be used to roll out its audiology
services and support aquisition plans to double
JTRE EXPANDS IN LONDON WITH its practices. A four-year deal was signed with
MIXED-USE PROJECT investment company BGF, who said that there is
significant opportunity for growth.

Slovakian real estate company JTRE has JTRE when speaking about the project.
agreed a construction loan of £177M with Simultaneously, and with a further SHOE ZONE OPENS IN CARDIFF
ICG Real Estate on its flagship London demonstration of its commitment to Leading value footwear retailer, Shoe Zone, has
development, Triptych Bankside. The loan investment in London, JTRE has also opened their 50th out of town store in Cardiff.
will be for the development finance of the announced the acquisition of London The store will create five new jobs, and has
£400M GDV mixed-use scheme which, when residential property developer Sons & Co also provided two internal promotions. The
complete in 2022, will deliver residential, London Limited. Following its purchase of new store represents a transformation of this
office, and retail at 185 Park St, SE1. Triptych Bankside in 2018, JTRE appointed branded retail park store.
“As we continue to expand our portfolio Sons as the project manager responsible for
with this significant investment in the the development and delivery of the project.
UK, we required a lender with a deep “We are delighted to partner wityh JTRE TAG HEUER LANDS IN OXFORD
understanding of real estate structures and and to be part of this prime, central London The Watches of Switzerland Group, the
CHESHIRE WEST AND CHESTER COUNCIL HELD A SOD CUTTING CEREMONY TO MARK THE START OF THE LONG AWAITED £70M NORTHGATE SCHEME IN CHESTER CITY CENTRE. THE UK’s leading watch specialist launched a new
COUNCIL AGREED TO CONTINUE WITH FUNDING FOR THE SCHEME TO ENSURE CHESTER BOUNCES BACK FROM THE PANDEMIC AND TO PROVIDE A CATALYST FOR POST COVID-19 an ability to appreciate our achievements in development. The quality of the scheme,
RECOVERY THAT WILL CREATE JOBS, BOOST THE VISITOR ECONOMY AND DRIVE ECONOMIC GROWTH. PART OF CHESTER’S ONE CITY PLAN, CHESTER NORTHGATE IS A NEW CULTURAL central and eastern Europe, where we have the depth of development experience TAG Heuer boutique in Oxford at 145A The
AND LEISURE DESTINATION. SET TO OPEN IN EARLY 2022, THE SCHEME WILL INCLUDE AN ARCHED ARCADE FROM THE FORMER LIBRARY FRONTAGE INTO A NEW PUBLIC SQUARE. developed and manage a wide range of real and the strong capitalisation of our Westgate. The new 39sq m space is located in
estate projects totalling over 820,000sq m. sponsor convinced us this was a must-do the prestigious Westgate Centre and features
PUBLIC CONSULTATION SILVERBURN TO RE-OPEN Securing the loan, especially at a time like opportunity, notwithstanding the challenges over 150 timepieces that are all available for
purchase by customers to the new retail space.
this, is a huge vote of confidence in JTRE,”
of Covid-19,” Kevin Cooper, Co-Head of
TAKES PLACE ON 13 JULY said Pavel Pelikan, Executive Director of ICG Real Estate commented.

Chapman Taylor’s transformative urban regeneration design for Hammerson has announced that its flagship destinations Union
Coventry city centre was presented to the public for consultation Square, Aberdeen, and Silverburn, Glasgow, are expected to
late last month. The consultation was conducted via webinar, giving reopen on 13 July, in line with the latest guidance from the
the public an opportunity to comment and ask questions. Scottish Government. The final date will be confirmed following
‘City Centre South’ will upgrade several areas of the historic the Government’s next review, which is due on 9 July. During
heart of Coventry, including Bull Yard, Shelton Square, City Arcade lockdown, both destinations’ essential stores have remained
and Hertford Street, and will make the city a significant shopping open, so that the local community can purchase key items.
and leisure destination in the West Midlands. The development Most stores in the Shopping Park at Union Square, as well as
proposal includes up to 50 new retail units, a number of new New Look with street access off Civic Square, re-opened on
public realm spaces, a pavilion containing independent and start- Monday 29 June. This included brands like Next and JD Sports.
up retailers and restaurants, a premium cinema and other leisure Stores at Falkirk retail park will also re-open on the same day.
uses, new restaurants, private and rented residential accommodation Customers are encouraged to check Silverburn and Union
and a hotel. Square’s websites for information on specific brands’ opening
The whole scheme will connect the city’s much-loved circular times before they visit. Selected restaurant brands will continue to
market with the rest of the centre, and the aim to have the be available for takeaway and delivery, with hospitality operators
development open for business by 2026. expected to reopen from 15 July.

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