£5m shopping park planned near M6 Toll at Cannock
A £5 million out-of-town shopping park will be built on land beside the M6 Toll at Cannock under new plans revealed today. The development, which is already attracting interest from stores, will create up to 60 new jobs.
Trebor Developments and Horton's Estate have bought 3.5 acres of land from Staffordshire County Council for an undisclosed sum. The new owners will now plough around £5 million into the site, near the Orbital retail park. It will involve building a number of new shops and car parking facilities.
Bob Tattrie, Trebor's director handling the project, said: "The retail units will be of varying sizes but we expect to build five or six, which will create a total of 50 or 60 new jobs.
"We have already been talking to a number of potential tenants and there is considerable interest. We hope to be able to announce the first tenant in about six weeks' time.
"We will be putting in a planning application with the local authority in the spring and, if we are successful, work will start on the site in the summer.
"Our aim is to have the development completed and the first store open by the summer of 2014."
It is the latest joint venture from Trebor and Horton's following retail projects at Hagley Road in Birmingham and Princess Alice Drive in Sutton Coldfield, where construction work gets under way this spring.
Mr Tattrie added: "We are confident that this development will equally match the high success of our similar retail-led developments over the last two years and attract quality retail tenants who appreciate the ability of Trebor and Horton's to deliver outstanding schemes in prominent locations."
Trebor/Horton's are represented by Wright Silverwood as letting agents for the scheme and the council was represented by Jones Lang LaSalle in relation to the site disposal.
