Major Fashion and Leisure Signings For Buchanan Galleries Development in GlasgowPress release
9am CET Wednesday 19th November, MAPIC. Land Securities, the UK’s largest commercial property company, has announced three fashion MSU’s (medium sized units) and three leading food and beverage brands to join its three anchors at its eagerly awaited Buchanan Galleries development. Superdry and Mango along with acclaimed leisure operators D&D London and Living Ventures Group have all signed to the 1.2m sq ft (111,484 sq m) retail and dining destination in Glasgow. The news comes just one month after Land Securities took 100% control of one of the largest city-centre developments in Europe.
These signature lettings further add to the impressive retail offer joining the line up ahead of the extension’s scheduled opening in 2017, creating an unsurpassed fashion and leisure hub within the vibrant city, and an increasing influence over Scottish retail. Upon completion, the Buchanan scheme will create an unprecedented 1.2 million sq ft (111,484 sq m) of retail, leisure and dining space into the largest retail city in the UK after London.
Global fashion brands Mango and Superdry have grasped the opportunity to take a strong and prominent foothold in the city, taking 17,000 sq ft (1,579 sq m) and 15,000 sq ft (1,394 sq m) respectively. The addition of three of the UK’s most popular brands will provide the shopping centre’s extension with an unrivalled fashion offer within the city, acting as a huge draw for the throngs of savvy Glaswegian shoppers.
Jokin Ariceta Ayestaran, Expansion Director at Mango, commented, “Prime retail space in this hugely important retail city is rare, so to secure space in the true retail heart of Glasgow is a huge coup for us. Mango has successfully traded in the existing scheme for many years, so we were keen to create a new flagship store in what we believe will become the leading retail destination in Scotland, and one of the most significant in the UK.”
The three MSU signings will add to the previously announced anchor stores – a new flagship 150,000 sq ft (13,935 sq m) Marks & Spencer will join a reconfigured 300,000 sq ft (27,871 sq m) John Lewis department store. The addition of two of the UK’s most esteemed retailers as anchors at this early stage highlights Buchanan Galleries’ position at the pinnacle of the Scottish retail market.
Next – the leading British multinational clothing, footwear and homewares retailer – has secured extra space in the development to turn its existing 28,000 sq ft (2,601 sq m) store into a stunning 72,000 sq ft (6,689 sq m) flagship.
D&D London, one of Europe’s leading luxury restaurant and hotel groups, which is famous for its celebrated restaurants Skylon and Coq d’Argent, has chosen Glasgow to open its first restaurant in Scotland – a 10,000 sq ft (929 sq m)unit. The renowned leisure operator has signed three years ahead of opening in order to secure a truly iconic location within the scheme with rooftop views over Glasgow’s prime retail pitch, Buchanan Street.
Manchester based Living Ventures Group, operator of some of the most exciting restaurant and bar brands in the UK, has also chosen Buchanan Galleries, with Artisan Kitchen+Bar and The Alchemist, taking 13,000sq ft (1,208 sq m) and 7,000 sq ft (650 sq m) respectively.
These exciting leisure operators will form part of the 200,000 sq ft (18,581 sq m) leisure district of food and beverage and cinema space in Buchanan Galleries, delivered unprecedentedly over one dedicated floor.
When complete in winter 2017, Buchanan Galleries will house over 100 shops, 25 restaurants and a state-of-the-art multi-screen Showcase Cinema de Lux. This 10-screen cinema, anchoring the leisure element of the new extension, will include a VIP gallery bar and lounge, together with a lobby bar and lounge, providing cinema-goers with a universally entertaining experience. A large format XPlus screen, the latest Dolby Digital surround sound system and top-of-the-range Sony Digital 4k projectors will further ensure that visitors enjoy a thoroughly immersive film experience.
John Grimes, Leasing Director at Land Securities, commented, “Securing such high profile tenants at this early stage of the development process demonstrates the demand for the very best retail space in Glasgow’s famous shopping district. Brands understand the importance of having an excellent presence in one of the top shopping destinations in the UK – a demand that we are meeting by creating one of the most important retail and dining destinations in Europe. The addition of equally renowned global retail and leisure brands demonstrates the extent to which we are carefully curating the tenant mix in the development, ensuring that our customers are able to enjoy Scotland’s greatest shopping experience.”
Des Gunewardena, Chairman and CEOof D&D London, added, “We are very pleased to be announcing the opening of our first restaurant in Scotland. Glasgow ranks only second to London as a centre for retail in the UK and we have secured an absolutely stunning site for our restaurant. We are also very excited about working once again with Land Securities in whose development at Trinity in Leeds we opened Crafthouse and Angelica restaurants, which have been successes for us. I am sure that we will be equally as successful at Buchanan Galleries.”
BDP is the architect behind the Land Securities’ visionary design, whilst CBRE, CWM and Culverwell all act for Land Securities as joint retail leasing agents. Shelley Sandzer and CBRE are the appointed food and beverage agents.Back to news list