Council Calls for Support to Attract Store Investor

Archived news: published on Tuesday 27 Mar 2018 by Fife Economy Partnership

As Glenrothes marks its 70th anniversary a whole host of investments are underway to further revitalise the town.

Now, following the recent closure of the Dunnes store at the Kingdom Centre, Glenrothes, Fife Council is seeking support from the retail chain in attracting a major retailer into the vacant unit.
 

Councillor Altany Craik is calling on Dunnes Stores Ltd to work with Mars LaSalle, which owns of the Kingdom Centre, and Fife Council to attract a new tenant to the store as soon as possible.
 
Councillor Altany Craik, Convener, Economy, Tourism, Strategic Planning & Transportation Committee, said: “Glenrothes offers a great opportunity for new and expanding businesses to locate and thrive. Hailed as the town of the future when it was planned in 1948, a host of town centre developments are now underway to benefit Fifers and create new jobs.
 
The vacant store, held by Dunnes on a long lease, is a prime site, and offers a first-class investment opportunity to provide a new major store for the Kingdom Centre. That is why I have written to Frank Dunne, Managing Director of Dunnes, to ask the chain to join forces to support us in marketing the flagship unit.
 
“Fife Council is calling on Dunnes to help  deliver an innovative joint marketing campaign to find a new anchor tenant for the Kingdom Centre, to ensure that centre’s vibrancy is maintained and further boost and regenerate the town centre.”
 
A wave of ambitious investments means that commercial interest is growing in the town centre area.
 
·         A £500k investment by Fife Council to create Glenrothes Enterprise Hub is bringing new businesses into the town centre by providing space for business tenants, meetings, events and hot desking.
 
·         A £10 million retail/leisure development by Easy Living Development is under construction, bringing Marks & Spencer Simply Food to Glenrothes as a flagship store to the development, creating 100-150 jobs.
 
·         The development of the Queensway Technology & Business Park, a £1.17 development by Fife Council through Fife Task Force money, creating employment and enterprise opportunities.
 
·         A £500k environmental improvements programme will expand pedestrian and cyclist mobility in and around the town centre, and provide green space.
 
·         Social Investment by the local Baptist church to bring a long term vacant office building back into use, creating a community hub and a place of worship.
 
·         Potential investment in a £20m district heating system that will service industrial and commercial premises around the town centre, as well as Fife Council’s office buildings, using renewable heat from RWE’s biomass power plant.
 
Fife Council is working with the Partnership Action for Continuing Employment (PACE), a multi-agency response team for redundancy situations, to provide former Dunnes employees with advice on next steps in their working lives.  

Irish retailer Dunnes Stores is closing all its Scottish shops over six months.
Altany Craik, Councillor 
Tel: 07982318535 Contact Altany Craik online
By Post: Fife council, Fife House North Street, Glenrothes,KY7 5LT
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