Centre West Shopping Centre
British Land Co PLC
20 March 2003
20th March 2003
BRITISH LAND OPENS CENTRE WEST
British Land has today opened its Centre West Shopping Centre Development in
East Kilbride to the public. The completed Centre provides 26,600 sq m of
additional retail space on two levels linking into British Land's existing Plaza
Shopping Centre.
Approximately 73% of the new space has already been taken. The principal
tenants include a full range Debenhams Department Store (11,150m2), Next
(1,860m2), River Island, USC, JD Sports, Superdrug, Faith, La Senza, Pilot,
Goldsmiths, C & J Clark, Foxhole, Beaverbrooks, Pizza Hut and KFC.
Terms have been agreed and solicitors instructed on a further 16% of the space,
totalling 89% of floor space let or committed. The Centre has direct access to
2,200 car parking spaces.
To enhance the offer to consumers and retailers, British Land has installed an
intranet initiative, which provides broadband technology throughout the Centre
in the first project of its kind in Scotland. A fibre optic ring throughout the
Centre will provide a number of direct benefits to retailers including access to
local and national performance statistics.
Nigel Webb, a director of The British Land Corporation Limited, commented: 'We
are delighted with the level of tenant interest and commitment already secured,
which underlines Centre West and our existing Plaza development as the prime
retail area within East Kilbride town centre'.
Centre West has been developed in partnership with South Lanarkshire Council.
For further information please contact:
The British Land Company PLC:
John Weston Smith, Chief Operating Officer tel no: 020 7467 2899
Nigel Webb, Head of Provincial Developments tel no: 020 7467 2860
Notes
The intranet facility installed will allow each tenant to be directly connected
to the management office through installation of a terminal in each unit.
Retailers will have the ability to view British Retail Consortium Reports and
compare and contrast local figures against national statistics to research into
consumer profiles and to access all the Local Council, retail and supplier
contacts, market information, training opportunities and customer service
information. This technology will also provide retailers with an up-to-date
security information alert capability, as well as providing regular updates on
factors that might affect daily trading conditions, including promotional events
taking place in the immediate area, latest weather forecasts and updates on
local traffic conditions.
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