Up to 350 jobs will be created at a new flagship Marks & Spencer store set for Birmingham’s new Longbridge development.
The retail chain has secured a 150,000 sq ft space on a 45-year lease from regeneration specialist St Modwen properties.
Arranged over two floors, store will be one of the largest in the UK for the retailer and will anchor of the second phase of the Longbridge Town Centre.
Subject to planning consent, works to the second phase of the town centre development will start on site in the middle of next year with the new Marks & Spencer anticipated to open for trading by Christmas 2015.
Julie Ridley, regional manager at Marks & Spencer, commented: “This is an exciting prospect for Marks & Spencer and the shoppers of Longbridge.
"We’re looking forward to bringing all that M&S has to offer to the local area and believe the new store will cater for the shoppers of south Birmingham and attract new customers from the M5 and M42 corridor.”
Bill Oliver, Chief Executive of St Modwen, added: “To date, St. Modwen has created over 3,500 jobs on site at Longbridge. The addition of Marks & Spencer to the scheme, which will underpin the delivery of phase two of the new town centre, illustrates further how our transformational regeneration projects can encourage investment and serve as true catalysts for change, as well as creating substantial value for our shareholders.”
St Modwen originally acquired the 468-acre former MG Rover site at Longbridge in 2003. The complete scheme constitutes a 15-year, £1 billion regeneration project, which will culminate in the creation of a vibrant mixed-use community, with up to 2,000 new homes together with employment and retail facilities to support up to 10,000 jobs.
More than 150,000 sq ft of office space has already been occupied in the town centre development, which also comprises an 80,000 sq ft Sainsbury’s, a 75-bedroom Premier Inn, 24 shops, restaurants.
Plans also include a scheme for 450 new homes in a joint venture with developer Persimmon.