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Last Updated: Thursday, 24 February, 2005, 11:55 GMT
Start date for new 15m stores
Aberystwyth Livestock Market
The shopping centre will be built on the site of the town's livestock market
Work on a new multimillion-pound shopping development in Aberystwyth which could create up to 250 jobs will begin in March.

Property developers Liberty Mercian were due to start at the end of last year, but there have been some delays.

The firm, from Shrewsbury, Shropshire, said that work at the site was now "imminent."

The 15m development will be built on the site of a livestock market and open next year.

Three new stores will be built and an existing one will be refurbished.

Managing director of Liberty Mercian, Chris Towers, said: "The work is programmed to start in March and it is a phased development."

The first stage will be a retail terrace and the second involve the re-development of an existing Somerfield supermarket into a Matalan clothes store, with work expected to be completed by Easter 2006.

Liberty Mercian claims that the shopping centre will attract more shoppers and increase spin-off trade for other town centre shops in Aberystwyth.

The Shropshire company forecasts that the development could boost shopping turnover in the town by almost a fifth by 2006.

Two of the new units will house new supermarkets - Somerfield and Kwik Save - Liberty Mercian is in talks with a number of operators about the third unit.

The development in Park Avenue will include 213 car parking spaces, 27 more than currently exists.


SEE ALSO:
End of era as mart shuts
11 Apr 03 |  Wales


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