26th Jun 2014 11:28
LONDON (Alliance News) - St Modwen Properties PLC Thursday said it will shortly begin constructing the second phase of its retail complex in Longbridge, including a 150,000 square foot Marks & Spencer Group PLC store.
The development comes after the company was given planning permission for the M&S store and an additional 45,000 square feet of retail space, together with a multi-storey car park.
Over 500 new jobs will be created as part of the construction process, the company said.
St Modwen shares were quoted up 3.3% at 348.90 pence Thursday afternoon.
By Anthony Tshibangu; [email protected]; @AnthonyAllNews
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