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UKCPT receives planning consent for redevelopment in Shrewsbury

UK Commercial Property Trust Limited has received planning consent from Shropshire Council for its proposed New Riverside redevelopment in Shrewsbury and signed a pre-let agreement with anchor tenant Debenhams for the creation of a 95,000 sq ft department store.The grant of planning consent follows a consultation process with the Council and a wide range of local stakeholders, culminating in UKCPT’s application in January to transform its three existing shopping centres into a single, combined centre called New Riverside. The 150 million British Pounds regeneration project will include the demolition of the existing Riverside centre and the construction of a new 225,000 sq ft centre that will be integrated with the Darwin and Pride Hall c...[…]