BL tidies up Teesside
Published: 01 November, 2016
First phase of retail park refurb reaches conclusion
Since opening in October 1991, Teesside has welcomed more than 150 million shoppers and landlord British Land is undertaking a £30m transformation of the scheme, including new, double-height bespoke glazed shopfronts, a new management suite with improved customer facilities, the creation of smaller units and high quality public realm. Facade improvement works have already been completed on 15 units this year with more planned for 2017.
New retailers introduced to the scheme as a result of the refurbishment so far include Paperchase, Moss Bros, Charles Clinkard, Holland & Barrett, Nando’s and EE. Both River Island and Next have upsized to 16,700 rall and 55,000 sq ft overall respectively. The refurbishment is already resulting in increases in dwell time, frequency, retail conversion and catering spend. And the launch of an innovative new food concept in December 2015 is expected to drive further growth.
Teesside comprises 475,000 sq ft of retail and leisure space and is home to more than 50 retail and leisure brands including Marks & Spencer, Next, H&M and River Island. The park is ranked the number two UK centre by Javelin and the number four UK super park by CACI and is one of the best trading schemes in the country for many retailers.
Charles Maudsley, head of retail & leisure for British Land, said: “We continue to invest in Teesside in response to the changing ways people live their lives to ensure it remains an outstanding place for modern consumer lifestyles for the next 25 years.”