Keighley retail scheme revived

Keighley’s hopes of getting a new shopping centre have been reinvigorated.

A plan to redevelop the former Worth Valley Shopping Centre by Stainsby Grange fell by the wayside some time ago when the developer was unable to attract high-profile tenants to make the project feasible.  That is about to change now that the scheme has been sold on to a firm called U&I. The London firm is a specialist regeneration and property developer with a £6 billion portfolio of complex, mixed-use, community-focused regeneration projects including a £200m investment portfolio.

U&I have said it will announce plans soon for the site, to be re-named Aire Valley Retail Park.  The company is predominantly active around London but has also completed projects in Manchester and Dublin.

Local councillors are said to be “delighted” with the news.  Stainsby Grange had planned to build a complex featuring 14 shops, an 8-screen cinema and a restaurant.

Written on 7th June 2017Mike Cartwright. Published in Bradford Council, Current Issues, Economy, News