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05/10/2016

Plans Submitted For £100m Aberdeen Retail Park

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Plans have been submitted to create a new £100 million retail park in Aberdeen.

Drum Property Group is proposing to expand the Prime Four Business Park in Kingswells.

Features include creating a 320,000 sq ft retail development comprising of a food store next to the existing Prime Four Site.

It is anticipated up to 500 jobs will be created by the development. Subject to planning consent, Next will be the first major retailer to move on to the park.

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Graeme Bone, Group Managing Director of Drum Property Group, said: "We are very excited about the potential the retail park could bring to the city and wider area. As well as jobs, new services and retailer brands, a development of this size will have a significant positive economic impact on the area at a very challenging time for the North East economy.

"The calibre of development proposed will ensure Aberdeen maintains and enhances its status as the principal shopping location in the North East. We look forward to working with the City Council in developing our plans for the expansion of Prime Four and making this substantial investment a reality."

(LM/CD)

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