Thursday 23 September 2010

BBC News - Recession-hit Eastgate shopping plan back on track

23 September 2010 Last updated at 20:42

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Recession-hit Eastgate shopping plan back on track

An artist impression of the Eastgate development The development is expected to create thousands of jobs

A huge multi-million pound shopping development for the Eastgate area of Leeds is back on track after it was halted because of the recession.

The site, next to the Victorian Quarter, will feature 130 shops and is expected to create some 4,000 jobs.

Construction on Eastgate Quarters was due to start last year but borrowing and retail trade fears forced a delay.

People can view revised plans which are on display at Cross Arcade in the Victoria Quarter until Saturday.

Flagship stores Marks and Spencer and John Lewis have signed up to the development.

It will also include the restoration of the Grade II listed Templar House set around a new public square.

Andrew Hilston, project director for developers Hammerson, said: "The revised scheme that people are able to view is the result of over 12 months of hard work.

"This will help to ensure we have the best scheme for Leeds, enabling us to attract great retail brands alongside creating exceptional new civic space for the city."

Good News!

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