Norton and Proffitt Developments, a joint venture between St Modwen and Goold Estates, was granted planning consent for the 11-unit retail and leisure development at the southern end of Walsall’s main high street in May 2014. The £90m regeneration of St Matthew’s Quarter will create 90,000 sq ft of new retail and leisure amenities in Walsall’s town centre.
Now single price value retailer Poundland has taken an 8,900-sq ft unit on a 10-year lease joining B&M.
Mark Watkins, senior development surveyor at St Modwen, said: “The lettings to Poundland and B&M are a brilliant start for our new development of shops, restaurants and leisure facilities at St Matthew’s Quarter. We have been encouraged by the interest from retailers, as well as restaurant and leisure operators.”