Henry Davidson Development has signed up supermarket giant Tesco to anchor its £35m commercial quarter in Lancashire’s Buckshaw Village.
The retailer has taken a 35,000 sq ft store at the scheme in Chorley which will include a further 21,000 sq ft of shops and 70 one- and two-bedroom apartments.
It will form a commercial centre in a major regeneration of the 650-acre former British Aerospace and Royal Ordnance site which is being redeveloped into a new village of 4,000 homes.
The site was purchased under a funding agreement with Development Securities from a consortium of housebuilders led by Redrow and Barratt.
Around half of the homes have already been completed and work has begun on some of the remaining 2,000 homes.
A railway station, health centre and primary school are also planned for the site, which has easy access to the M6, M61 and M65.
Henry Davidson Developments managing director Scott Davidson said: “This is a very exciting scheme, part of an award-winning development aimed at regenerating the area after the loss of the British Aerospace site.
“The fact that we’ve signed Tesco for the anchor store means we expect a high level of interest from national operators keen to benefit from the footfall it will generate.”
