The council has given the green light for a “bold” £62.2m, 10-year masterplan that “will radically transform the shopping and leisure destination into a vibrant, high-quality urban environment”
East Kilbride shopping centre is being sold off by its administrators, it was announced today. Savills has been instructed to market the commercial property on behalf of Interpath Advisory. The retail space spans approximately one million square feet across distinct malls: Plaza, Olympia, Princes Mall and Princes Square. The centre is anchored by tenants such as Primark, JD Sports and Odeon Luxe. The development also offers 1,700 parking spaces.
As part of the redevelopment, the neighbouring Centre West Shopping Centre will be bulldozed and converted into a housing development, creating up to 400 new homes in the heart of the town.
Artists impression of plans.
