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Gloucestershire Business News

Shopping centre transformation under way

The second phase has begun to transform Stroud's Merrywalks shopping centre with a major programme of investment and improvements.

The project will focus on the King Street elevation at Merrywalks, creating a striking new entrance feature at the centre as well as well as upgrading the shop fronts.

New apartments are being created above the stores in this area and a new roof is also being installed. Gloucester-based Barnwood General Works Ltd is working on the development and this part of the project is planned to be completed by next May.

The project is headed by the retail property specialists Dransfield Properties Ltd and is part funded by GFirst LEP. The Sheffield based company bought the Stroud shopping centre earlier this year.

GFirst LEP is providing a £1 million loan and a £3 million grant. It is intended that the project will elevate the town's retail standing and attract a host of new businesses to Stroud as well as creating new residential and office units.

The works to improve the car park, which are being undertaken by Berry Systems are on schedule for completion at the end of November - creating a much more attractive, lighter and customer friendly car park environment. Electric charging points are also being installed.

Dr Diane Savory OBE, Chair of GFirst LEP said: "It's an exciting time for Merrywalks with the next phase of improvements about to begin.

"The project will massively improve the shopping experience for local residents, creating a well-linked and attractive centre and bring an exciting new retail offer to the town."

The Merrywalks Shopping Centre remains open to customers throughout these major improvement works and the Dransfield Properties team are working with tenants on events and promotions throughout the Christmas shopping period. Disruption will be kept to a minimum during this busy time of year.

Managing director at Dransfield Properties, Mark Dransfield, said: "It's great to be starting work on this next phase of our project to transform the Merrywalks shopping centre in the heart of Stroud.

"Stroud is a beautiful market town and we are delighted to be working with excellent local partners as well as local contractors on this project."

Guy Cook from Barnwood General Works Ltd said: "We are extremely pleased to have been entrusted with this phase of the works and look forward to assisting with the sympathetic restoration of Merrywalks and to working with Dransfield Properties."

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