Aberdeen Asset Management, the owner of Castle Quay shopping centre in Banbury, is delighted to have been granted full planning permission for an extension to the shopping centre, on land between the canal and Spiceball Park.
New businesses confirmed as moving into the extension of Castle Quay will include well-known brands; Zizzi, Nando’s, Handmade Burger Company, Chiquitos, Premier Inn, The Light Cinema and Lidl. This dynamic mix of new catering and entertainment facilities will provide employment opportunities and will enhance the experience for shoppers coming to Banbury.
News of a major food retailer returning to the town centre has also been welcomed by local residents and visitors alike. Lidl is the UK’s fastest growing food store chain which prides itself on competitively-priced food of exceptional quality.
The hotel, operated by Premier Inn, will offer 117 bedrooms overlooking the canal, plus an in-house restaurant. Premier Inn is one of the UK’s most successful hotel chains, offering friendly and comfortable service and food at great prices.
With the cinema, hotel and restaurants set to attract higher numbers of visitors to Castle Quay, shoppers will also benefit from extended opening hours. The shopping centre will remain open late into the evening, allowing cinema-goers and diners to walk through Castle Quay, to the town centre, on their way home. The development will also provide an additional 240 car parking spaces to the town centre, including wheelchair accessible parking.
Cameron Murray from Aberdeen Asset Management commented, “We are delighted to have been granted planning permission, and following final agreements with Oxfordshire County Council, we will be able to start construction.
“We have worked closely with Cherwell District Council over the past few years on this project, shaping the application through the partnership to provide the residents of Banbury with the very best from this development.
“With over £35 million being invested into this project, we believe it will have a positive benefit for the whole town centre, the local economy as well as Castle Quay shopping centre.”
Construction of the Castle Quay extension is hoped to begin in the autumn 2017, with a completion target for the whole development of Christmas 2018.