St. Modwen Properties Quote more

Price: 351.60

Chg: 13.80

Chg %: 4.09%

Date: 13:35

FTSE 250 Quote

Price: 15,639.55 Chg: 185.60 Chg %: 1.20% Date: 13:37

St. Modwen Properties is set to begin work on the second phase of the retail development at Longbridge in Birmingham after being granted planning permission for a 150,000 square foot Marks & Spencer store and an additional 45,000 sq ft of retail space.

The approval marks the latest stage in the 1bn regeneration project of Longbridge town centre.

Group Chief Executive Bill Oliver said: "The development of the new 150,000 sq ft Marks & Spencer store, the anchor of the second phase of the new Town Centre at Longbridge, represents a significant milestone at this major regeneration project and is a key part of our overall aim to create business and employment opportunities in the area."

Read the original post:
St. Modwen to begin second phase of Longbridge development

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June 26, 2014 at 8:54 am by Mr HomeBuilder
Category: Retail Space Construction