Application submitted to council
Top retailers in talks over £40m East Kilbride plan
Talks are under way with a number of retailers to take space in a £40 million retail development planned for East Kilbride.
London & Scottish Investments (LSIL), a Glasgow-based property development company, has submitted a detailed planning application to South Lanarkshire Council for the project at Peel Park.
It will see the long-awaited redevelopment of a long-term vacant site, off Redwood Crescent, which was acquired by the firm from Tesco last year after the supermarket chain decided not to build a store and garden centre as previously planned.
The development comprises 108,000 square feet of Class 1 retail space housed within 12 units, plus two drive-thru units of 3,595 square feet each. It is expected to create 250 retail jobs.
LSIL has also submitted an application for 98 homes – a mix of flats and terraced, semi-detached and detached houses – on the same site.
The applications follow 12 weeks of consultation on the plans, including two public exhibition events which took place in January in the Bruce Hotel, East Kilbride.
Bryan Wilson, group development director at London & Scottish Investments, said: “Our plans have been very well received during the consultation period, with local people in particular very happy to hear that something will finally be happening on this site, and that there could be new shops, homes and hundreds of new jobs in the pipeline.
“We are now in advanced discussions with major UK retailers who are interested in occupying the development and we hope to make announcements in the near future. We’ve also had significant interest in the residential side from a number of housebuilders and should be able to announce a preferred developer very soon.
“Subject to planning approval, we intend to start construction work on site in late Autumn 2016 with completion expected by late 2017.”