Legal & General Property and Strathclyde Pension Fund have unveiled plans for their £65m extension of the Eastbourne Arndale Centre.
The plans by the Performance Retail Limited Partnership include a 150,000 sq ft extension comprising 15-20 new shops, as part of a complete redesign of the centre’s western wing.
A planning application is expected to be submitted early next year, and if granted the extension could be open by 2015.
Simon Russian, senior fund manager at Legal & General Property, said: “There is a strong demand for new retail space in Eastbourne and the expansion of the Arndale will act as a catalyst to attract more regeneration and investment in the town centre.”
Lunson Mitchenall and DTZ are the letting agents and the scheme will be designed by TP Bennett.
