St Modwen has confirmed it has completed the deal which will see Reel Cinemas anchor its leisure scheme in Kirkby Town Centre. The regeneration specialist announced in November 2016 that it was in talks with the national cinema group to bring a 15,000-sq ft six-screen cinema to the Town Centre as part of its redevelopment.
The leisure scheme proposed will replace the former library on Newtown Gardens and will include three new leisure units. Operating 15 units nationally Reel Cinemas is one of the largest independent cinema operators across the UK.
Paul Batho, Projects Director - St. Modwen, said: “Exchanging with Reel Cinemas marks a significant step forward in our development plans for Kirkby Town Centre.
A planning application is due to be submitted later this year for the leisure scheme once occupiers for the new leisure units have been identified, with opening planned for 2018.
St Modwen also submitted a planning application in February to Knowsley Council for the retail phase of the redevelopment of Kirkby Town Centre includings a supermarket, new shops, improved pedestrian links, car parking, new public realm and landscaping.
The leisure units are currently being marketed by joint retail agents Colliers and Cheetham & Mortimer.