Underground movement

Article Abstract:

EDI Group has gained permission to develop the 23,225 sq mt Galleries Retail Centre underneath Princes Street in Edinburgh, Scotland. The company believes that it can raise the 100 million pounds sterling required for the scheme, which is planned to open in early 2003. However, the unusual nature of the scheme has made many property sector experts express doubts about whether it will actually go ahead. It is widely agreed that there would be no problem attracting tenants, even if the scheme were undertaken in conjunction with development work at Waverley Station.

Shopping Center Developers, Planning, Retail trade, Shopping centers, Edinburgh, Scotland

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Men at work

Article Abstract:

The demand for offices in Staines, Surrey, England, has grown rapidly with only 52,000 sq ft of space available. Some speculative office building may start on vacant land between Egham and Staines. Former industrial sites have been redeveloped to make more offices although some speculative industrial building has taken place on London Road. A 248,000 sq ft shopping centre is due to be completed in Aug 1998. Whilst a 145,000 sq ft development to incorporate retail and leisure facilities is planned for Tilly's Lane, Staines.

Retail Stores, Office & Commercial Developers, Supply and demand, Buildings and facilities, Real estate development, England, Commercial buildings, Office buildings, Surrey, England, Commercial developers

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