Major retailer eyes

squarePg2A major ladies fashion retailer is in advanced negotiations to open a unit in City Square, the Munster Express can reveal.
Waterford City Council received a planning application in early December to amalgamate and modify a number of units at the front of the shopping complex, to allow for the creation of a large two storey outlet and a small ground floor outlet.
Already, the Brasserie Restaurant has been vacated to make room for the new development, whilst Sully’s snooker hall relocated from City Square to O’Connell Street some time ago. The former Cutting Company hairdressers unit along that block is also vacant. Negotiations are also understood to have taken place with other existing retailers along the block.
A comprehensive plan is in place to demolish Sully’s and some of the older units on that block and to create a large, modern retail outlet capable of accommodating a large High Street chain, rumoured to be leading UK retailer H&M.
The news emerged in the same week that another leading ladies fashion store based in City Square, Wallis, would be closing on 1st March, with the loss of a number of part-time and full-time jobs.
The proposed new development will stretch along the Arundel Square façade of City Square from Sully’s as far as – though not including – Hallmark Jewellers.
Spokesperson for agent Douglas Newman Good’s commercial operation Simon Plunkett said he was bound by a confidentiality agreement not to reveal full details of the ongoing negotiations. But he did confirm that DNG was presently ‘focused on improving the fashion mix at City Square’, adding that DNG was hopeful of carrying out the development ‘in the near future’.
The planning application provides for the change of use of an existing first floor office to retail use, with the new first floor level (consisting of 188 sq m in retail space) to be amalgamated with an existing 122 sq m retail unit at ground floor. Overall, the newly amalgamated unit would encompass 310 sq m of retail space over two floors.
The planning application was made in early December by IBI Property Nominees Ltd and a decision is due from Waterford City Council on 5th February.

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