FOR FIVE-FLOOR CINEMA AT TESCO’S TRINITY SQUARE SCHEME
Planning consent has been granted for a £4.7 million, five-floor cinema at Tesco’s £150 million Trinity Square scheme at Gateshead.
Councillors have given the green light to a 24,000 sq ft, 9 screen cinema which will be operated by Vue. Leader of Gateshead Council, Mick Henry, has described the news as a “big and exciting” step towards the revival of the town. The cinema is expected to be complete by late 2013.
Meanwhile, Tesco has completed demolition of its 30,000 sq ft store at Gateshead, just four weeks after it closed its doors to customers. A new temporary store located in the High Street opened the day after the old store closed, and will serve the local community until the new 100,000 sq ft Extra store opens next year.
Trinity Square is being developed by Spenhill, Tesco’s regeneration subsidiary, and is the largest regeneration scheme in the UK outside of London. The development will include 45 retail units, a student village for 993 Northumbria University students, health facilities as well as the Tesco Extra store.
Geoff Moore, Vue’s property director, said:
“We are very excited to be involved in this scheme with Spenhill. The development will deliver to the people of Gateshead one of the most technically advanced cinemas in the UK and form a key part of our development strategy to introduce Vue cinemas into the North East over the next three years.”
Doug Wilson, Spenhill’s Corporate Affairs Manager, said:
“The VUE cinema will be a key component of the Trinity Square scheme, and will be crucial in the revival of the town centre. The demolition of the Tesco store allows us to increase the pace of development, and we will see significant progress on the cinema, as well as the student accommodation and retail units over the coming weeks and months.”
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on Jul 23 2012. Filed under Europe, Latest News, Retail News.
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