'Fantastic news' as owners plan revamp at shopping complex
NEWTON Abbot's Market Walk shopping complex is set for a major revamp following an investment from its new owners.
The management of the centre was taken over by LaSalle Investment Management earlier this year.
They have submitted a planning application to demolish the existing entrance canopy and 'refresh, revamp and refurbish the front entrance of the shopping centre'.
The application also details plans to refresh interior signage of the 27 retail unit centre, home to Wilkinson, New Look and Iceland.
A spokesman for LaSalle Investment Management said: "Market Walk is a the heart of the local community and Newton Abbot town centre and it's important to develop and improve the centre to make it an attractive and welcoming place for both shoppers and retailers.
"Our investment in this scheme will revitalise the centre's main front entrance on to the high street and refresh signage throughout both internally and externally. This will provide added drive to the town's regeneration and enhance Market Walk's existing reputation as a great place to shop and visit."
Built in the late 1970s, the centre — which faces on to Courtenay Street — has a total sales space of 91,000 square feet, in addition to an outdoor market every Wednesday and Saturday and a Farmer's Market every Tuesday.
Centre manager Roger Smith said: "We are at the very heart of Newton Abbot and therefore it is important we continue to look at ways of improving the shopping experience for the people who live, work and visit the town.
"Our tenants have seen the proposed works and feedback to date has been the works would be welcomed and are well designed.
"We continue to work closely with the town and district councils to promote Newton Abbot as a destination and I believe we will not only be improving the centre, but also looking to the long term to ensure both Market Walk and Newton Abbot have a bright and prosperous future ahead."
Newton Abbot town development manager Sally Henley said: "These developments are really welcome. Previous owners have indicated that they wanted to invest in it before, but nothing materialised. So this news is fantastic.
"I think it will be a significant improvement and great for the town. There's a fabulous line up of big names in there, but it's quite hidden so I think to improve the entrance to make more of a statement is fantastic."
The spokesperson for LaSalle Investment Management added: "Subject to planning permission being granted, we anticipate works will start on site later this year."