- 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
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, it attracts over 12m shoppers pa.
Sovereign Land recently secured planning consent for a £200m, five-year redevelopment strategy that will increase the size of the scheme by up to 80%, with almost 400,000 sq ft of retail and nearly 250,000 sq ft restaurants, cafés & bars, plus other leisure uses.