- Owned by Ares Management
- 70-acre site
- 1 million sq ft
- 170+ units
- Parking for 3,600 cars
- Strong catchment, little competition
Marks & Spencer, Debenhams,
House of Fraser and Primark
- Planning consent for new town centre masterplan granted October 2013
- Planning application for Phase 1 submitted July 2014
Appointed 2013 | 1,000,000 sq ft
Sovereign Land is Ares Management’s asset and development manager for the Telford Shopping Centre.
One of the largest covered centres in the UK, it dominates the region and, being superbly accessible, attracts over 12m shoppers pa.
At the end of 2013, Sovereign Land secured planning consent for a five-year redevelopment plan that could increase the size of the scheme by up to 80%, with almost 400,000 sq ft of new retail and 250,000 sq ft of new restaurants, cafés & bars, plus other leisure uses.
A planning application for a first phase - comprising 6 new restaurants & cafes and known as the Southern Quarter - was submitted at the end of July 2014.