// Straiton Retail Park, located just outside of Edinburgh, to get new “retail terrace”
// Midlothian Council has green lit the £10m, 25,500sq ft project
// Construction to begin in summer
A brand new “retail terrace” concept at Straiton Retail Park, just outside of Edinburgh, has been given planning approval, with construction on the £10 million project slated to begin this summer.
The 25,500sq ft retail terrace, with Midlothian Council green lit this week, will feature an eye-catching, glass-fronted building along Straiton Road and will house up to 11 new retail tenants.
Peel Retail Parks – which owns and manages the wider 260,000sq ft site – said the new retail terrace aims to enhance the shopping experience at Straiton Retail Park, which has an annual footfall figure of seven million and is home to retailers like Next, Sofology, Nike and Marks & Spencer.
“In recent years, we have seen [Straiton Retail Park] go from strength to strength with an ever-increasing number of shoppers visiting us each year,” Peel Retail Parks development manager Leah Taylor said.
“The high specification retail terrace, with additional parking, adds a further attractive retail offering to this already successful park, providing shoppers with a more diverse shopping experience.
“We’re in very advanced negotiations with a number of national retailers for the remaining units.”
The retail terrace is being funded through a development facility from Royal Bank of Scotland’s corporate banking team.
Construction is due to start in summer with 33-week build period.
Store opening dates to be confirmed in due course.