McArthurGlen confirmed the start of construction of the £160 million designer outlet near Birmingham.
This new development will create a landmark retail destination and community hub for the West Midlands, which will span 285,000 sq ft of retail space across two phases and generate 1,000 jobs for the local area. Due to complete in 2020, Phase I will be home to 80 sought-after premium and luxury brands offering year-round savings of up to 60%, a selection of restaurants and cafes, a children’s play area, bike parking for cyclists and 1,400 car parking spaces.
Cannock Chase District Council granted planning approval in September 2016. In December 2017 McArthurGlen announced a joint venture with Aviva Investors (on behalf of Aviva Life and Pensions), The Richardson Family and U+I to develop Cannock Designer Outlet.
The start of construction comes at a time of rapid growth for McArthurGlen, which opened Europe’s first designer outlet in the UK in 1995 and now operates 24 centres in nine countries. The Group will enter its 10th market when it opens the first designer outlet in the south of Spain in 2019. It is currently expanding two of its existing centres in the UK - Cheshire Oaks near Manchester, which is the country’s largest designer outlet, and Ashford near London. Earlier this year, the company announced that it will be adding a second phase to its award-winning centre at Vancouver Airport in Canada. Cannock Designer Outlet will become the Group’s 26th centre and they're seventh in the UK.
Gary Bond, Joint Managing Director of Development at McArthurGlen, said: “We are thrilled to start construction on this milestone development for Cannock. The new centre will generate significant employment for the local area and create a new retail destination for the region, serving 11 million local residents. Cannock Designer Outlet will be built to the highest standards of architectural design and sustainability, reflecting and respecting the surrounding natural landscape.”
Cannock Designer Outlet will also deliver an additional £1.5 million investment in various projects that will bring significant benefits to the local community. This investment programme will include the enhancement and ongoing maintenance of the Mill Green Nature Park, improvements to Cannock Town Centre and the railway station, and support for developing skills and employment prospects for local people.
Derbyshire based construction company Bowmer & Kirkland has been appointed to deliver the scheme.
20 JULY 2018, United Kingdom