Henderson Global Investors has received planning consent for the development of almost 50,000 sq ft (4,600 m2) of new retail and catering space at its Swindon Designer Outlet Centre.
Henderson Global Investors has received planning consent for the development of almost 50,000 sq ft (4,600 m2) of new retail and catering space at its Swindon Designer Outlet Centre.
The centre is managed by McArthurGlen and owned by the UK Outlet Mall Fund, which is managed by Henderson Global Investors and in which McArthurGlen is also an investor.
The development includes 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. Approved plans at the centre, which opened in 1997, includes a £35 mln investment to enhance and expand Swindon Designer Outlet.
Swindon Designer Outlet currently offers 207,000 sq ft of retail space and is home to over 90 premium, designer and high-street brands. The new development is part of a much larger master plan for the centre; including a strategy to make shopping even easier for consumers, by grouping like brands together in special zones, namely premium and designer, high-street and lifestyle, as well as the food quarter and restaurant units.
