Plans are being drawn as much as change into a former Debenhams retailer right into a cinema and recreational complicated following the sale of a West Midlands buying groceries centre.
Evolve Estates has received the Three Spires centre in Lichfield and has signed a deal to paintings with the district council on new regeneration proposals for town centre website.
The vacant unit in Bakers Lane used to be occupied through the well-known division retailer chain till it closed down in May final 12 months after the store fell into management.
London-based Evolve Estates is a assets funding corporate which specialises in regeneration thru energetic asset control.
It stated it used to be already operating with numerous possible cinema operators to design a boutique be offering for Lichfield after securing what it claimed used to be its largest retail acquisition of 2022 to this point.
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Director Sebastian MacDonald-Hall stated: “Lichfield city centre offers an excellent opportunity for the development of a cinema facility and we are thrilled to be working with the district council team to investigate ways of making this a reality.
“We have in depth enjoy of each growing town centre venues that individuals love and attracting operators to absorb house and making sure endured luck of the amenities.
“We believe the former Debenhams site offers an excellent location that will complement the city centre and we are already engaging with significant interest from both cinema and food and beverage operators.
“Lichfield is an prosperous and thriving town that has excellent footfall from native customers and vacationers all through the 12 months. Three Spires is a secure, pedestrianised centre that has a wealth of high quality names already.
“We are excited by the possibilities and will be working hard to attract more brands in retail, leisure and food and beverage to the heart of Lichfield.”
Lichfield District Council chief Cllr Doug Pullen added: “We are excited about the prospect of working with Evolve to further the development of a cinema in the Three Spires Shopping Centre.
“It could be incredible to have this facility within the centre of Lichfield to additional give a boost to our recreational and leisure providing.
“It would undoubtedly attract more people into the city centre in the daytime, evenings and weekends which is great for the future prosperity of retail and hospitality businesses.
“We are each dedicated to creating the cinema a truth and we need to do that temporarily and be expecting to have the issues finished in the following couple of months.”
A planning application is set to be submitted for the redevelopment towards the end of this year.
Three Spires covers 70,000 sq ft and counts Sports Direct, Tesco, The Entertainer and Bonmarché among its tenants.