As demolition of St James due to start in May...
Biggest Next to anchor Straiton retail park
The 80,000 sq ft store at Peel Retail Park will be a new anchor store for the development and is due to open in June. The park attracts more than six million shoppers a year.
It will be one of the retailer’s biggest out-of-town units in the UK and is the third expansion for Next at Straiton.
In total, Next will have increased its gross floor space from an initial 15,000 sq ft over a three-year period. It will employ 110 staff and include a click and collect service.
Mark Whittaker, group property director at Peel Land and Property, said: “Peel has for the last five years been working hard on repositioning Straiton and we are delighted that we are now in a position to announce this truly transformational deal.
“We feel Straiton is perfectly placed to position itself firmly in the upper tier of the UK retail hierarchy, bringing significant economic benefits to the wider Edinburgh area.
“We will now continue the exceptional momentum we have generated and focus on bringing more exciting retail and leisure providers to the park, developing our unbuilt planning consent and delivering against our business plan.”
This agreement with Next follows the additions of Outfit, Nike, Matalan, Sofaworks and Nandos to Straiton.
The announcement comes as Daily Business learns that demolition of the St James’ Shopping Centre in Edinburgh is to begin in May.
Work is currently under way to create a new entrance for John Lewis – which will stay open during the work – and a new fire escape to allow for the removal of the bridge over Leith Street.