| Thu 28 Mar 2002, 0:00 | | Liberty International Plc - Planning Permission, B |
|
27 March 2002
BRAEHEAD, GLASGOW
OUTLINE PLANNING PERMISSION FOR NEXT PHASE OF RIVERSIDE REGENERATION
Renfrewshire Council has granted outline planning permission to Capital
Shopping Centres (CSC), the regional shopping centre subsidiary of Liberty
International PLC, for the phase 2 development of Braehead, Glasgow. The
outline planning permission covers 115 acres of the overall phase 2 site of
145 acres.
This extensive regeneration scheme will see further land at Braehead
transformed into an impressive integrated development of business,
residential and leisure uses. With the addition of parkland and landscaping,
CSC are confident of creating a truly world class destination on the banks
of the River Clyde.
Since the opening of the regional shopping centre in September 1999,
Braehead has quickly established itself as one of Scotland's top retail and
leisure destinations, attracting 17 million visitors each year and employing
around 3500 people.
The Phase 2 development will include:
* Xscape, Scotland's first snowdome plus cinema, health club, specialist
sports and leisure shopping and a 175 room hotel, to be developed by Capital
& Regional PLC in partnership with CSC
* 28,000 square metre business park
* some 900 homes including flats, townhouses and family homes
* public riverside parkland for the local community.
The development has the potential to create several thousand jobs and will
regenerate the largest area of derelict land in Renfrewshire. The scale of
the development will require major infrastructure work including new roads,
footpaths and cycleways to ensure that the area is accessible to all and
connected to the current Renfrew town centre.
Councillor Jackie Green, Convenor of Renfrewshire Council's Planning and
Development Board said:
"We are delighted that Capital Shopping Centres (CSC) want to make further
significant investment in Renfrewshire. The result will be that a very
large site of industrial dereliction will be transformed into an exciting
development of national importance. We have worked in partnership with CSC
to develop these proposals and we support this exciting regeneration
initiative that could potentially create more than 2000 jobs and extend the
Council's range of leisure, business and residential facilities."
John Abel, Managing Director of CSC, commented:
"We are delighted that the Council have approved our plans and can now look
towards building upon Braehead's success as a major destination on the banks
of the River Clyde. In addition, we want to ensure that local people benefit
from the many opportunities this development will bring and look forward to
working with the local authorities and enterprise companies to achieve
this."
This development is the major part of a wider North Renfrew plan which will
link the town of Renfrew to Braehead.
Enquiries:
Liberty International/CSC
John Abel, Managing Director, CSC 020 7887 7026
Margaret Harwood, Communications 020 7960 7029
Manager, CSC
Public Relations:
UK - Michael Sandler, Hudson Sandler 020 7796 4133
SA - Nicholas Williams, College Hill 020 7457 2020