Belfast Telegraph

Sunday 13 July 2014

Jobs boost as big names sign up for retail centre

Nicky Finneston, Lisney; Ian Geery, Dreams, and Alastair Coulson of Crescent link developer, Genova North West

Seventy-five full and part-time jobs are expected to be created after three national retailers signed up as tenants at Londonderry's Crescent Link Retail Park.

Homeware and clothing giant Next, mother and baby specialists Mothercare and bed and mattress retailer Dreams have all been secured to open stores in the 275sq ft scheme in deals brokered by commercial property agency Lisney. Dreams and Mothercare will each occupy newly built retail warehouse units at the park, totalling 21,000 sq ft.

Dreams will move into its site in early December and Mothercare will open in the early New Year. Next Home will be opening a 15,000 sq ft unit, previously occupied by defunct furniture business MFI at the end of November.

Lisney director, Nicky Finnieston, said: "Crescent Link is a prime retail destination with the added benefit of a significant amount of cross-border trade. As a result, we have been able to attract a large amount of interest from retailers in a difficult market.

"These prestigious new tenants bring a significant amount of investment to the North West and are creating important new employment in the area."

Crescent Link is the second largest retail park in Northern Ireland and has a large representation of multi-national retailers, including Marks & Spencer, Tesco, Homebase, Currys, PC World and Toys R Us.

The site is less than two miles to the east of Derry city centre and provides 275,000 sq ft of retail warehousing space.

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