22/09/2010

Bangor Sainsbury's Project Boosts Jobs

Development work will begin on a major superstore project in Bangor at the beginning of October, creating and securing dozens of construction jobs. The property expert who secured the deal to bring the Sainsbury's supermarket giant to Balloo Retail Park said that it will be a significant boost for the scheme and the local area.

David McNellis, Agency Director at Lisney, the letting and managing agents, said that Sainsbury's will act as an important draw to the park and a catalyst in attracting other high quality retailers to a proposed second phase.

"In a complex deal involving the re-configuration of the existing Homebase space, it is extremely satisfying to have landed Sainsbury's who will bring a lot of additional footfall to the retail park. We will shortly be releasing the second phase, totalling 20,000 sq ft of retail," he continued.

"This will provide excellent opportunities for retailers that are complimentary to Sainsbury's and Homebase, and we have already had some expressions of interest, despite the second phase having not yet been released."

Around 350 jobs are expected to be created through the investment being undertaken at Balloo Retail Park.
News Image
Commenting on the scheme, Richard McNamara, Senior Business Manager with Bank of Ireland, funders for the investment, said: "We are delighted to be funding this exciting and significant development which supports commercial activity and will result in job creation in the North Down area.

"Our committment to this scheme demonstrates Bank Of Ireland's ongoing support for our customers and our continued appetite to lend."

Planning permission for the 60,000 sq ft Sainsbury's was granted earlier this year.

The application was for part demolition of the existing buildings and structures on the site and the construction of a new retail store, extension and reconfiguration of the existing retail warehouse unit and garden centre, including installation of a replacement mezzanine floor; provision of two retail warehouse units and associated highway, footpath, landscape and other works and improvements.

Speaking at the time, NI Environment Minister, Edwin Poots, said: "This approval will see the development of a new modern store and will be a welcome boost in terms of job creation with approximately 350 full and part time jobs."

The contractor to undertake the development work will be appointed over the next few weeks. The new Sainsbury's is expected to begin trading before the end of 2011.

(GK/BMcC)

Related Northern Ireland News Stories
Click here for the latest headlines.

26 November 2021
New Awards Scheme Announced For Use Of Irish Language In Businesses
A new awards scheme has been announced to promote the use and recognition of the Irish language in businesses by Communities Minister Deirdre Hargey. The GRADAIM Awards are earned by organisations that use Irish in their business or that provide services through the medium of Irish to their customers.
03 December 2021
Plans For New Apartment Building In L'Derry Approved
Plans for a new apartment building occupying the former Tillie and Henderson site in L'Derry have been approved.
17 January 2022
Pregnant Women Urged To Get Vaccinated Following New Study
Pregnant women are being urged to come forward for vaccination, following the publication of a new study from the University of Edinburgh which found that women who get Covid-19 towards the end of their pregnancy are at an increased risk of birth-related complications.
17 December 2021
New NI Path To Net Zero Energy Strategy Announced
A new strategy to secure a clean and affordable energy future for Northern Ireland has been announced by Economy Minister Gordon Lyons. Launching the Path to Net Zero Energy, Minister Gordon, said: "Recent energy price rises are impacting on every person and business in Northern Ireland.
17 December 2021
New Multi-Million-Pound Belfast Tourism Attraction Approved
A new multi-million-pound tourism attraction is to be developed in the heart of Belfast city centre has been announced today, following the signing of the Belfast Region City Deal (BRCD) earlier this week.