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30/09/2014

British Land Announce Next Stage Of £40m Plymouth Development

Plymouth City Council has signed an agreement with British Land to develop Drake Circus Leisure.

The £40m development will include a 12-screen cinema operated by Cineworld, 13 restaurant units and 450 car park spaces. The site currently houses a coach station which will be relocated.

A detailed planning application for the scheme is now being developed and will be submitted in early 2015.

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The leisure development will complement Drake Circus Shopping Centre.

David Pollock, Retail Development Director for British Land, said: "Plymouth has a very strong local catchment, and a vibrant and successful city centre, which will be further enhanced by our investment.

"The proposed leisure scheme creates an opportunity to take Drake Circus to the next level, and with a number of new brands added, is a very strong example of our strategy to create Places People Prefer."

(CD/JP)

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