PLANNING permission has been granted for new development at the Lakeside North harbour Business Park.
It is the home of 1000 Lakeside and IBM’s national headquarters and will see a retail and lifestyle hub built in the middle of the site.
Called the Central Square, the development includes two single-storey pavilions in front of 1000 Lakeside building, which will house seven new units.
The pavilions, pictured, will be connected to the main building by a canopy.
The development’s owner Highcross has already pre-let one of the retail units to The Southern Co-operative, which has its headquarters at 1000 Lakeside.
Discussions are ongoing with a number of operators for the remaining units, with opportunities for creche, newsagents, dry cleaners, bakers, a coffee shop and health and beauty uses.
The units will be ready for occupation next year.
Asset management director at Highcross Nick Turner said: ‘Central Square will provide a vibrant, attractive retail hub, located at the heart of our expanding Lakeside North Harbour business park and providing an exciting addition to the great facilities already available to our occupiers.’
Work has already started on constructing a new road access to the site, called Lakeshore Drive.
Other plans for the development include two wind turbines, a four-star hotel and a car dealership, as well as a residential care home.
Highcross has appointed Hughes Ellard as joint agents for the Central Square retail and lifestyle units with DMR Property.
Head of retail at Hughes Ellard Tim Clark said: ‘With around 4,000 people already based at Lakeside North Harbour and the potential for many more as the development of the business park progresses, this is a great opportunity for retail operators, and we’re delighted to have been appointed to assist Highcross with the letting of the new units.’