Work on the new multi-million pound Gateway Retail Park in Cannock has been completed — with every tenant expected to be open by the end of this month.
Partners Hortons’ Estate and Trebor Developments have completed the prestigious development — located off the Churchbridge Island adjacent to the M6 Toll Road — to deliver one of the largest out-of-town retail schemes in the Midlands for years.
Gateway Retail Park, and its 36,542 sq ft of retail and fast food units, is now fully let to a number of high profile occupiers including TK Maxx, Sofaworks, Burger King and Costa Coffee. The majority of construction work was completed by the early summer and following a two-month tenants’ fit-out period all the businesses plan to be trading by late September or the first week in October.
The 5.8-acre development is owned by Birmingham-based property company Hortons’ Estate and will be retained as a key investment within its property portfolio.
Trebor Developments was chosen as the development partner with the construction undertaken by Clugston Construction.
“We are delighted with Cannock Gateway Retail Park and to have worked closely with such prestigious tenants for this outstanding retail development,” commented Bob Tattrie, a managing partner at Trebor Developments.
“As ‘West Midlands Commercial Developer of the Year’ we are continuing to deliver prestigious high quality developments across the region and the Cannock Gateway Retail Park scheme has regenerated a site which has remained undeveloped for over 30 years.”
Tattrie explained the project had involved complex highway and site remediation works in order to make it deliverable, “but despite those complexities this project has been delivered on budget and to the delight of all of our tenants”.
Richard Norgrove is property director at Hortons’ Estate. “After years of planning it is fantastic to finally see this project come to fruition,” he admitted.
“Together with our development partner we have delivered a new retail and leisure offer for the residents of Cannock that will also help boost the local economy and provide employment opportunities.”
When fully operational Gateway Retail Park will generate as many as 120 jobs. “It’s good to see that businesses are keen to move into the Cannock area and set up shop,” said council leader George Adamson. “The jobs that they create for people in the local area are the most important thing.”
CAPTION: Finishing touches: The Gateway Retail Park at Cannock.
Source: Trebor Press Release
