£90m Silk Street scheme in Macclesfield gets the green light
Plans to revitalise Macclesfield town centre through a new £90 million retail and leisure scheme have been approved by Cheshire East Council.
The 18,500 square metre Silk Street scheme by Wilson Bowden Developments will create more than 1,300 employment opportunities.
The development will include a range of retail units, a civic space, and a multi-storey car park with green ‘living walls’.
With Debenhams and Cineworld committed as anchor tenants, the developers say there is already is evidence of significant demand for units from retailers.
The Silk Street scheme is a joint venture between Cheshire East Council and Wilson Bowden Developments and is considered to be a key milestone in the wider regeneration of Macclesfield and its economy.
Will Robinson, retail director at Wilson Bowden Developments, said: “This is excellent news and a critical moment for Macclesfield as a catalyst for its wider development and economic growth.
“With a strong demographic, there is a real appetite for larger format retail units in Macclesfield, which the town doesn’t currently offer. There is also demand for an enhanced leisure provision to complement the existing offering and create a vibrant, thriving town centre.”
Work is anticipated to start next year, with project completion expected by 2016.
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