Partner Article
Eastbourne shopping centre to receive £70m facelift
Eastbourne’s Arndale shopping centre has gained approval for a £70m redevelopment project, in a joint venture between Legal & General Property Group and Strathclyde Pension Fund.
The developers, Performance Retail, were given permission by Eastbourne Borough Council after the plans were unveiled last month.
Renovation on the retail centre will see around 22 new ground floor shops over 175, 000 sq ft and the creation of jobs, with retailer River Island joining the complex elsewhere in the existing shopping park.
Construction will begin in two years time, as the firms involved set about planning the development.
Simon Russian, Head of Retail Development at Legal & General Property, said:“The Eastbourne Arndale Centre has the potential to be an attractive gateway into the town.
“There is a strong demand for new retail space in Eastbourne and the expansion of the Arndale will act as a catalyst to attract more regeneration and investment in the town centre.”
Upto 650 new jobs could be created by the venture, giving a boost to the local economy as well as redesigning an entire wing of the complex.
This was posted in Bdaily's Members' News section by Miranda Dobson .
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