Development Securities and Rioja Developments are working up a masterplan for a major new designer outlet village in Cannock, Staffordshire.
The duo has earmarked a council-owned site next to the Mill Green Nature Reserve to the south of Cannock town centre for a 307,000 sq ft scheme.
The proposed village would have up to 130 shops, alongside restaurants, a cinema and as many as 2,000 car parking spaces
DevSec and Rioja are likely to publish a masterplan within the next month and a planning application is expected to be submitted by the end of the year. If the proposals get the go ahead, the scheme would be the largest development of its kind in the area.
If approved, the proposed retail village could be open by spring 2017.
George Adamson, leader of Cannock Chase council, said: “We have held very productive discussions with Development Securities and Rioja Developments with regards to delivering a designer outlet village at Mill Green.
“The council-owned site has enormous potential due to its strategic location and our hopes are that the development can create a new, unique retail destination for the region – providing a substantial economic boost to the area and putting Cannock Chase firmly on the map.”
lisa.pilkington@estatesgazette.com
