Developer says £40m Llandudno Junction supermarket project on track for 2017 start.
The 300 job scheme includes a superstore and restaurants and could be open by 2019
Developers say a £40m superstore and restaurants project is on track to start in 2017 with strong demand from national supermarket chains.
Conwy council gave outline planning permission to the scheme on the Old Brickworks site in Llandudno Junction last year despite considerable opposition.
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A developer has dropped a £40m supermarket and restaurants development that was tipped to create 300 jobs.
Conygar Investment Company had secured planning permission for the project on the Old Brickworks site in Llandudno Junction in 2016 despite considerable opposition.
“The outlook for retailers is difficult and we believe that we will be unable to deliver the retail park as planned.
“However, we hope to devise alternative schemes for the site.”
Robert Ware, Chief Executive of The Conygar Investment Company, said: “Things have changed, we had retailers like M&S and Next who were interested in coming here but you can read in the press what is happening in this sector. The commercial world can change very quickly and we have to adapt to that.
“It means going back and looking again at this site.
“The council want it cleaned up and used for creating jobs.
“We need to assess other options, which could be a different type of retail development or possibly logistics as this is an ideal location." ref DP
