Grantham Designer Outlet has received full planning permission. Set across 25,083 sq m of landscaped grounds, the outlet village is scheduled for launch in Spring 2021 and will be home to 130 luxury brand stores. Driven by designer outlet village developers Rioja Developments and family-owned, local property investment business Buckminster, Grantham Designer Outlet will be located close to the A1 on the southern edge of Grantham in South Lincolnshire.
The premium outlet village represents a £100 million investment in the local area and will create approximately 1,500 jobs. Plans include a direct link onto the new Southern Relief Road for easy access from the A1, as well as a bus service to connect the railway station and Grantham town centre.
Grantham Designer Outlet has been designed to complement the existing town centre retail offering with luxury brands that can't be found in any typical UK market town. It will also incorporate cafes, restaurants, public spaces with play areas, 1,800 parking spaces and a visitor and tourism centre.
'Grantham Designer Outlet presents a unique opportunity for premium brands to bring their outlet offerings to an affluent audience that currently lacks easy access to this kind of retail destination. It is one of the last gaps in the market for a premium outlet village of this size and may well be the last of this style to be developed in the UK. We are very excited to be underway, particularly given the positive response that we are already seeing from brands,' says Giles Membrey, managing director of Rioja Development.
'As a local business with investments in the heart of the area, we are delighted to be involved with the development of Grantham Designer Outlet. The outlet village will be an ideal partner to the town centre, attracting visitors from further afield and, in turn, helping to drive a new audience into the town. We estimate over 3.5 million visitors to the scheme annually, which will have a hugely positive impact on the local economy,' says Stephen Vickers, managing director of Buckminster.
Leasing will begin in September 2018 and construction will begin on-site in spring 2019.