SUPERMARKET chain Lidl’s imminent investment in Strabane is set to top £6million.
Back in May the German company initially revealed that they had bought Strabane Shopping Park. At that stage the investment was believed to be in the region of £3million – however the full extent of the multi-million pound plans have only been confirmed this week.
West Tyrone MLA Daniel McCrossan explained how he was prompted to learn more about the company’s plans for the park, which currently incorporates Argos, New Look, Peacocks and Menarys, after reading about the purchase of the units in this newspaper.
This week, Mr McCrossan welcomed the massive investment but reserved a word of caution for the current occupants of the park and their staff.
The Strabane Chronicle further understands that all the corresponding retail units for Argos, New Look, Peacocks and Menarys will be bulldozed to make way for a state-of-the-art Lidl superstore.
“Following my meeting with Lidl, I welcome their £6million investment in Strabane,” Mr McCrossan said. “This is a very exciting investment opportunity for Strabane and our local economy. Lidl have provided a first class service in Strabane for a long number of years, employed local people and are now taking their investment to another level.
“This move presents another exciting opportunity for the existing businesses at the retail park to relocate to new premises and I will be meeting with the various businesses in the coming weeks to ensure they’re accommodated and face little disruption to their invaluable operations and the employment they provide.
“I have also met with a number of investors and developers who are interested in investing in the Strabane town centre area. We are currently seeking lands for retail development opportunities and to accommodate existing business.”
He added, “Strabane is open for business and is a great place to invest. My recent meetings with investors offer me, as the MLA, considerable hope for the future.”
Currently based on Bradley Way, the supermarket chain in May said that it is looking to “unlock the wider potential of the sites acquired.”
Lidl NI director Conor Boyle said Strabane was key to its strategic growth, investment and regeneration plans in Northern Ireland.
“Supported by a strong local and regional team, we’re confident that investment plans and ambitions for the site, and the additional adjacent land, will stimulate further economic growth for local communities, the town and the area,” he said.
Employing more than 750 staff across 38 stores, Lidl is Northern Ireland’s fastest-growing food retailer and it says it is staunchly committed to supporting local communities, local producers and the environment.
Posted: 10:00 am September 15, 2018