170,000sq ft retail development at Stanway has been approved
- Credit: Churchmanor Estates
The second phase of a major new retail park at Stanway, Colchester will include B&Q, an Aldi store and an M&S Foodhall.
The developers of the multi-million pound scheme, Ipswich-based Churchmanor Estates, said the first phase of Stane Park was nearing completion, with some businesses to open over the next few weeks.
Now, following the granting of planning permission for Phase 2 by Colchester Borough Council, building work on further retail units will be getting under way over the next six months.
The 15 acre site would bring a 170,000sq ft retail development to the area.
Churchmanor Estates plc spokesman Emma Proctor King said: “Phase 1 is progressing well. Starbucks is due to open on September 18, KFC is due to open at the end of the month and Nando’s early in November.”
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There was a line-up of high quality tenants, she said, for Phase 2. including B&Q, Aldi and M&S Foodhall.
Phase 1 of Stane Park was creating around 240 jobs and Phase 2 would bring a further 400 jobs, she added.
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B&Q would be relocating from its existing store at The Hythe to a new, purpose-built 80,000sq ft building,
Aldi will be moving to an 18,000sq ft building from its store in Lexden.
And M&S would open a brand new, 12,000sq ft Foodhall.
A further six retail units will be available to let, ranging from 5,000sq ft to 15,000sq ft.
Agents Newman Commercial said the phase 2 links directly to Phase 1, where tenants include the Princess Charlotte public house, Bella Italia restaurant, as well as Nando’s, KFC and Starbucks.