Orchard Street Investment Management has secured The Light Cinemas as an anchor tenant for the Wellgate Centre in Dundee city centre.
The Light has signed up for 65,000 sq ft for a 900-seat, eight-screen cinema.
Phillip Rodger, partner at Orchard Street, said: “We are delighted that The Light Cinemas has chosen to establish itself as the first anchor tenant of Wellgate Leisure, marking a significant step forward in our plan to develop a brand new leisure destination for Dundee.
“Our plans to regenerate the centre are progressing well and we expect to announce further lettings soon.”
Phil Dove, general manager of The Light Cinemas, said: “Our offer will appeal greatly to Dundonians. We believe in creating social venues for the community, which is why we differ from conventional cinemas.
“We will work with our partners, Orchard Street and the people of Dundee to support the regeneration of the Wellgate Centre and to make this a real hub for the city.”
Letting agents for the project are Savills & FG Burnett.
Jack.Sidders@estatesgazette.com
