Castle Acres, the exciting retail and leisure development located next to Fosse Park, has been approved after a meeting of Blaby District Council’s Planning Committee.
At this evening’s meeting (8 November), members of the committee approved the application after Officer’s recommendation, following a thorough 18-month process.
The £150 million project will include approximately 288,000 square foot of floorspace for a range of new shops, restaurants and cafes.
Developed by locally-based Next, site owners Everards and Crown Estate, owners of Fosse Park, two major confirmed occupiers at this early stage will include a 90,000 square foot Next store and a 34,000 square foot space for TK Maxx.
It is hoped that Castle Acres will offer up to 1,000 full-time jobs for local people in addition to the economic benefits for the District of Blaby.
Jane Toman, Chief Executive of Blaby District Council, said:
“The approval of Castle Acres is excellent news for the district. Fosse Park is one of the biggest shopping areas in Britain and we are proud to have it in our area. This expansion will not only create more jobs, but will also see Everards relocate to their exciting new development, Everards Meadows.
“I want to thank the officers in our Planning team who have worked so incredibly hard to ensure the application was one which was acceptable to the local area.”
Castle Acres will join the Junction 21 area of Blaby District; an unrivalled area of retail, leisure and business in Leicestershire including Grove Park, Meridian Industrial Estate and Meridian Leisure.
Supermarket chains ASDA and Sainsbury’s each have one of their biggest stores in the UK located in the area, whilst Fosse Park is one of the largest out-of-town retails parks, reiterating the District of Blaby as one the most popular places to shop in the country.
More details on the application can be accessed through the Blaby District Council Planning Portal via www.blaby.gov.uk and searching application number 15/0577/FUL.