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| Link to Brent & Kilburn Times |
"Luxury fashion brand LK Bennett has become the latest name to sign up to London’s first ever designer outlet in Wembley.
"Phil Cottingham, Head of Retail at Quintain, who are [which is?] heading up the Wembley City developments, said:
“LK Bennett is one of Britain’s premier fashion brands boasting a strong international profile, and will therefore appeal to both the primary catchment and the thousands of tourists that [who?] visit Wembley every year.""The anchor retailers include Nike, Gap, Clarks and Marks & Spencer, while restaurants including Prezzo, Handmade Burger Co, Las Iguanas will also be included.
"The 350,000 sq ft centre will also include a new nine-screen Cineworld, seating up to 1,800 people."
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| Link to web site |
Evening Standard:
"Quintain switches focus to London"
"Quintain is aiming for around £150 million in property sell-offs as it funnels resources into its vast Greenwich and Wembley developments and cuts debt, the company said today.
"... Proceeds from the sales will be spent on Wembley and the Greenwich peninsula. Quintain is hoping to build a combined 15,000 homes in total there over the next 10 to 15 years, as well as cutting the debt below £400 million by March 2014."
Sheffield gives up on Hammerson?
(We know how they feel)
(We know how they feel)
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| Link to web site |
Sheffield Star:
"Revamp for Sheffield’s Moor"
"A LONG awaited revamp of The Moor is on its way - with new fashion shops moving in to newly-built stores costing tens of millions of pounds.
"Talks are taking place for new retailers to move onto the street, turning The Moor into one of Sheffield’s most thriving shopping destinations once again. Debenhams could also be upgraded.
"... Discussions are taking place between Scottish Widows Investment Partnership, landlord of The Moor, and fashion chains to occupy the new stores below Debenhams and on the site of the former McDonalds and JJB Sports buildings.
"The redevelopments will go ahead regardless of what happens with [Hammerson's] neighbouring Sevenstone retail scheme." "Ranald Philips, agent for Scottish Widows, said:
"We talk to Hammerson quite a lot about Sevenstone, but there has been a 12-year wait for it to get started. The Moor has been waiting 10 years, and in the meantime a lot of retailers have left.""Sheffield Council chief executive, John Mothersole, said:
"I’m delighted The Moor is coming back strong. It’s very much a private sector-led development supported by the council."
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| Link to Yorkshire Post |
Yorkshire Post: "£45m offer to get new Sheffield retail quarter underway"
"STALLED plans for [Hammerson's] new retail quarter in a Yorkshire city which fell victim to the recession could be kick-started with a further £45m of public money under plans unveiled by council bosses yesterday.
"Sheffield’s Sevenstone project, which is supposed to be overhauling a huge area behind the city’s John Lewis store, should have been completed by now, but its developers have continually postponed the start date.
"This has led to parts of the city centre falling into near-dereliction after shop units were the subject of compulsory purchase orders led by Sheffield Council several years ago only to be left empty.
"Yesterday, Sheffield Council chief executive John Mothersole, who has led negotiations with Hammerson, confirmed the authority has now offered to fund £45m of work to 'facilitate' a start date on the scheme in 2014.
"Mr Mothersole said the deal would involve the council advancing the cash, in the knowledge that once the new shops were up and running taxpayers would get the money back through business rates.
"Nobody from Hammerson was available to comment on the announcement yesterday, or confirm whether it was prepared to enter into any arrangement with Sheffield Council on Sevenstone."
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| "Sheffield retail scheme to receive £45m TIF funding" |
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