Realm has announced that it has been appointed to head up leasing or Cotswold Designer Outlet.
The special operator for outlets and retail destinations said it was ‘delighted to be working on this incredible new scheme’ and will be actively marketing the opportunities throughout the Summer of 2021.
Located on the edge of the Cotswolds and adjacent to junction 9 of the M5 and A46 trunk road, Cotswolds Designer Outlet is positioned as a new retail destination.
21 million cars pass junction 9 annually and 20,000 cars a day directly pass by the Centre on the A46.
Regency spa town Cheltenham is 20 minutes away, Bristol less than an hour and Birmingham just 60 minutes which gives this premium shopping village a resident catchment of almost 10 million within 90 minutes.
The Cotswolds’ villages and the area’s historic and cultural attractions bring an estimated £3.6bn tourist spend to the region annually.
Cotswolds Designer Outlet will provide the extended catchment with a brand-new outlet shopping experience with more than 90 stores across 195,000 sq ft. to be opened in two phases.
With architecture inspired by the region, the premium outlet village will include a strong food and beverage offer and will be neighboured by an impressive Dobbies.
Leasing director Christine Grace commented: “This is a really exciting project to be working on and with the benefit of state of the art CGIs, video fly-throughs and augmented reality tools we can really get a sense of how impressive this new destination will be.
“The potential of the location is stunning with an immediate catchment rich in opportunity coupled with one of the main travel and tourist arteries of the UK just a few hundred yards away.”