London & Regional Properties is about to start construction on the Antonine Shopping Centre, its 350,000 sq ft (32,515 sq m) retail development at Cumbernauld, Scotland. Completion is expected next autumn.
The centre will take the form of a southern extension of the existing Cumbernauld Shopping Centre. It will be anchored by a 105,000 sq ft (9,755 sq m) Tesco Extra, a 42,000 sq ft (3,900 sq m) Dunnes store and a 15,000 sq ft (1,395 sq m) H&M shop.
The developer commissioned Fripp Sandeman & Partners to analyse spending patterns at Cumbernauld, and its research showed that while the town is well-provided with food offers, it falls short in non-food provision.
It also calculates that by 2009 Antonine will be generating sales of £123 million, with spending on non-food goods within the town rising 78 per cent.
London & Regional director Geoff Springer said the scheme will allow retailers to tap into the town’s previously under-developed retail potential.