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Date: 02 December 2011
British Land confirm £64m development
Categories for this story: Commercial Property, Design, Companies and Bodies

A scheme to develop a 300,000 sq ft shopping centre in South Hampshire has been confirmed by British Land and Universities Superannuation Scheme (USS).

The scheme, costing £64m has already let 50% of its floor space. Set to open in spring 2013, the centre will comprise over 50 units totalling 242,000 sq ft of retail space; 58,000 sq ft of restaurants cafes and other facilities, and 1,136 car park spaces.

Designed by Corstophine and Wright, it is anticipated the centre will target a catchment of 1.2m people with an estimated spend of £3,1bn.

Graham Burnett, head of property for USS said: “Whitely will provide an excellent shopping experience which, importantly, will include independent local retailers and new community facilities. Its sustainability credentials will also be very strong, as evidenced by the development’s BREEAM ‘Excellent’ accreditation.

Enabling works are nearing completion with on-site work scheduled for early 2012.

http://www.britishland.com/index.asp?pageid=42&newsid=342

 

 


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