Menu
12/12/2002
£4m investment for Connswater Shopping Centre proposed
Connswater Shopping Centre and Retail Park, which was purchased by Killtulagh Estates in October 2001 for £50 million, could benefit from a £4 million investment programme.
It has been revealed that, should the planning proposal be accepted, the multi-million pound investment package could net up to 100 new jobs for east Belfast – bringing the total number of people employed there to over 1,200. It is expected that the plans will include the development of a new state-of-the-art entrance to the shopping centre and further retail shop units.
Commenting on the deal, Mark Thallon, Colliers CRE, Chartered Surveyors, said: "This investment is significant for East Belfast and indeed the local community who will benefit hugely from the employment boost.
"The investment, which was largely due to customer demand, shows the commitment of our client and their ability to provide modern shopping centre and retail park facilities."
Since the buyout, Killtulagh Estates have already invested a £2 million on the retail park with the recent opening of five major stores – Clinton Cards, Kentucky Fried Chicken, Sanity, Shop Electric and Xtravision. There are plans for further openings, including a Clarks outlet.
Gerry Monaghan, Shopping Centre Manager, added: "We are confident that this venture will attract more high street names both to the shopping centre and retail park. This commitment has come at a good time due to unemployment levels within east Belfast.
"I must also say that both the retailers and the staff believe that this provides a good future for the east Belfast community."
(MB)
It has been revealed that, should the planning proposal be accepted, the multi-million pound investment package could net up to 100 new jobs for east Belfast – bringing the total number of people employed there to over 1,200. It is expected that the plans will include the development of a new state-of-the-art entrance to the shopping centre and further retail shop units.
Commenting on the deal, Mark Thallon, Colliers CRE, Chartered Surveyors, said: "This investment is significant for East Belfast and indeed the local community who will benefit hugely from the employment boost.
"The investment, which was largely due to customer demand, shows the commitment of our client and their ability to provide modern shopping centre and retail park facilities."
Since the buyout, Killtulagh Estates have already invested a £2 million on the retail park with the recent opening of five major stores – Clinton Cards, Kentucky Fried Chicken, Sanity, Shop Electric and Xtravision. There are plans for further openings, including a Clarks outlet.
Gerry Monaghan, Shopping Centre Manager, added: "We are confident that this venture will attract more high street names both to the shopping centre and retail park. This commitment has come at a good time due to unemployment levels within east Belfast.
"I must also say that both the retailers and the staff believe that this provides a good future for the east Belfast community."
(MB)
Related Northern Ireland Business News Stories
Click here for the latest headlines.
31 May 2012
Minister Meets First Local Business To Benefit From New ERP
Finance Minister Sammy Wilson has congratulated a local woman from Londonderry who is the first person to benefit from the recently introduced discount for empty retail premises.
Minister Meets First Local Business To Benefit From New ERP
Finance Minister Sammy Wilson has congratulated a local woman from Londonderry who is the first person to benefit from the recently introduced discount for empty retail premises.
26 October 2006
Rushmere offers shoppers chance to experience Disneyland magic
Rushmere Shopping Centre and Retail Park are offering shoppers the chance to win a magical family trip to Disneyland Paris, plus hundreds of pounds worth of shopping vouchers to spend in store.
Rushmere offers shoppers chance to experience Disneyland magic
Rushmere Shopping Centre and Retail Park are offering shoppers the chance to win a magical family trip to Disneyland Paris, plus hundreds of pounds worth of shopping vouchers to spend in store.
20 October 2011
Carryduff Tesco 'Given Green Light'
Despite criticism and complaints, planners have said that the proposed Tesco store at Carryduff on the outskirts of south Belfast should be given the go-ahead.
Carryduff Tesco 'Given Green Light'
Despite criticism and complaints, planners have said that the proposed Tesco store at Carryduff on the outskirts of south Belfast should be given the go-ahead.
31 May 2011
Demolition Progresses As Sandyknowes Centre Rises
Demolition work is currently well advanced on the out-dated and dilapidated Northcott Shopping Centre in Glengormley. After weeks of uncertainty over a start date and a Tesco refusal to comment, the existing store closed at the end of April so that work could be started on the multi-million pound replacement Sandyknowes Shopping Centre.
Demolition Progresses As Sandyknowes Centre Rises
Demolition work is currently well advanced on the out-dated and dilapidated Northcott Shopping Centre in Glengormley. After weeks of uncertainty over a start date and a Tesco refusal to comment, the existing store closed at the end of April so that work could be started on the multi-million pound replacement Sandyknowes Shopping Centre.
19 August 2010
NI Supermarkets Ruled 'Anti-Competitive'
Local supermarkets have been 'found guilty' of anti-competitive practice, but have been given several years to put their respective houses in order. The retailers have each signed up to a deal with their landlords to exclude competitor businesses from operating in their particular location.
NI Supermarkets Ruled 'Anti-Competitive'
Local supermarkets have been 'found guilty' of anti-competitive practice, but have been given several years to put their respective houses in order. The retailers have each signed up to a deal with their landlords to exclude competitor businesses from operating in their particular location.
-
Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
