Retail project-starts up 71%

Construction

Retail construction projects starting on-site during the three months to May 2021 achieved a very welcome 71% uplift against 2020 figures, and 23% compared to the preceding three months, although starts were still 34% lower than the same period in 2019.

The highest value retail construction project to start on-site during the period was for the £100 million Grantham Designer Outlet Village-Phase 1. The 20,479 sqm scheme for Rioja Developments will deliver 130 shops as well as restaurants, cafes and a hotel. A new access road with access points, parking for up to 1,675 cars, 13 coaches, 90 bicycle spaces and a bus stop will also be created.

 

Source: https://www.glenigan.com/retail-construction-project-starts-up-71-percent/