BUSINESS NEWS

Plans approved for refurbished shopping centre

Up to 450 new jobs could be created in Biggleswade after plans for a £110 million refurbishment of the town’s biggest retail park were approved last week.

The planning application for the redevelopment and expansion of the London Road retail park, submitted to Central Bedfordshire Council by owners LXB Retail Properties, was unanimously approved by councillors sitting on the development management committee on Wednesday.

It proposes a complete modernisation of the 16-acre site, with all units replaced except the current Homebase store, which will be refurbished.

According to the plans published by LBX, existing retailers on the premises such as Argos, Pets at Home, Matalan, Halfords and Laura Ashley have stated their desire to continue trading from the location, whilst retail giant Marks and Spencers have confirmed they will be the anchor tenant with a "full offer store" selling clothes, furniture and food.

Principal at LXB Properties Carl Barrand said the company was "delighted" to be going ahead with the redevelopment.

"With the support of Biggleswade Town Council, the local Chamber of Trade and Biggleswade's local district councillors, the decision will enable the town's shopping experience to take a major leap forward, as well as the creation of hundreds of new jobs.

“We have a number of final negotiations to conclude with Central Beds which once completed will enable us to advise on a timetable for delivery."

Development proposals by the real estate investment company also include improved access to the London Road site with the creation of a dual carriageway.

It is further hoped the expansion will have an impact on the adjacent Stratton Business Park, creating opportunities for further investment and jobs.

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