Work starts on new Phoenix Retail Park in Stoke-on-Trent
Developer St Modwen has started initial site works for the new Phoenix Retail Park in Stoke-on-Trent. The building work is set to be completed by spring 2012.
The first phase of the £8 million project forms part of the wider redevelopment of the former Phoenix Timber Yard site.
St Modwen will build five new retail units on the site totalling 42,100 sq ft, as well as a McDonald’s restaurant and drive-thru with parking for 233 cars.
Following receipt of planning consent earlier this year, St Modwen says it has signed up McDonald’s, Pets at Home and Smyths Toys off-plan.
Euan Lindsay, senior development manager at St Modwen, said: “Development of the former Phoenix Timber Yard site has been a long time in the making and we are delighted to now be on-site and progressing delivery of this exciting new retail park for Longton.”
He added: “Securing retailers pre-construction is very encouraging in the present market and clearly demonstrates that the named occupiers have recognised both a market demand in the area and the retail park’s excellent edge of centre position, coupled with prominent frontage to the A50.”
