Development Securities has gained consent to redevelop a retail and residential scheme in Hale Barns, Greater Manchester.
Food retailer Booths will open a 30,000 sq ft store and there will be an additional 12,000 sq ft of retail and 24 apartments.
Development Securities bought shopping centre The Square in March 2010.
Construction on the £25m redevelopment is due to start this year for completion in early 2013.
Matthew Weiner, executive director at DevSec, said: “We are very pleased to have secured planning permission. I am sure the new scheme will bring great benefits to the local community in terms of an enhanced shopping experience. This regeneration project is very much in line with the aspect of our strategy that focuses on mixed use developments outside London.”
paul.norman@estatesgazette.com
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