Henderson to expand Swindon designer outlet by 4,650 m2

Henderson Global Investors, on behalf of its Swindon designer outlet centre, has submitted a planning application for the development of more than 50,000 sq ft (4,650 m2) of new retail and catering space at the centre, representing an investment of £35 mln (EUR 43 mln).

Swindon Designer Outlet is managed by McArthurGlen, and is owned by Henderson Global Investors, as part of its £400 mln UK Outlet Mall Fund, in which McArthurGlen is also an investor.

The development at Swindon Designer Outlet will enhance the existing centre and involves the regeneration of the historic Long Shop, built in 1874 as part of the Grade II-listed Great Western Railway Works, which will become part of the centre. Once converted, the Long Shop, located opposite the Museum of the Great Western Railways, will house up to 30 new retail units. The development also involves a new external quarter as well as a new restaurant offering.

Swindon Designer Outlet is currently home to over 90 premium, designer and high-street brands. The centre, which was developed by McArthurGlen and which first opened in 1997, currently offers 207,000 sq ft of retail space.

Following the submission of the application, a decision is expected later this year.