Work on £8m redevelopment of Carryduff Shopping Centre to begin this summer
THE £8 million regeneration of the former Carryduff Shopping Centre site is set to begin this summer, it has been announced.
Belfast-based property investment company, Causeway Asset Management has revealed details for the major investment at the 3.5 acre site on Church Road to be known as The Village.
The plans include the renovation of the former SuperValu site, the addition of three prime retail units and a restaurant, the retention of two existing units and the construction of 21 apartments, along with car parking and extensive landscaping.
Causeway Asset Management has confirmed it is currently in talks with a number of prospective tenants an is inviting further interest in the development.
Planning permission for the former shopping centre site was granted in November, with ongoing demolition works due for completion shortly ahead of the commencement of the first build phase of the project in the summer.
Brian Kearney, director of Causeway Asset Management believes the development will breathe new life into the local area.
“For a long time now residents of Carryduff have wanted to see this site rejuvenated into a contemporary space that will attract investment and footfall, while meeting the needs of the local community," he said
“The scheme at The Village will combine modern retail units fit for 21st century occupiers alongside contemporary housing to restore the site into a vibrant economic hub.”
Lisburn and Castlereagh city councillor, Michael Henderson added:
“The approved plans by Causeway Asset Management for the former Carryduff Shopping Centre site will bring a new retail hub to the centre of this community again, and it is great to see that the regeneration is moving forward. There is demand in the area for a diverse retail offering.”
Lisney and Lambert Smith Hampton have been appointed joint letting agents for the upcoming retail units. Details on the release of the residential element of the scheme will be announced later this year.
Interested parties can request information on the available retail opportunities at: www.thevillagecarryduff.com
Carryduff Shopping Centre opened in the late 1980s, but suffered after its anchor tenant Supervalu chose to move out in 2013 as a result of reduced footfall.