The Midlands- based developer has secured retailers Homebase, Wickes, Pets at Home and Bensons for Beds for the development ahead of its planned opening in September 2015.
Homebase has taken a 48,751 sq ft unit plus 10,000 sq ft for a garden centre; Wickes has taken a 26,597 sq ft unit plus 10,000 sq ft for a garden and external compound area; Pets at Home has taken a 9,942 sq ft unit; and Bensons for Beds has taken a 9,613 sq ft unit.
The retail scheme plays a central part of the fourth phase of works at St. Modwen’s 70-acre regeneration scheme at the former Alstom industrial site on Leicester Road, and will complement the existing offer at Junction 1 Retail Park. The lettings are the latest announcement on site following the recent opening of the Greene King Pub, and the sale of a 10-acre plot to housebuilder Taylor Wimpey who plan to build 187 homes.
Peter Rudd, senior development surveyor at St. Modwen, said: “We have secured a great tenant line up prior to starting on site, which demonstrates the demand for units of this size and the strength of the site’s location.
“The new Technology Retail Park will play a central part of our new multi-million pound urban community on Technology Drive and is great news for shoppers and the local economy.”
St. Modwen’s Technology Drive scheme is located within two miles of the M6 motorway and is close to existing shops, services and Rugby Train station. Ramsdens Chartered Surveyors represented St Modwen.