ClockTower

FIRST PHASE OF DEVELOPMENT COMPLETED AT PRESTIGIOUS CLOCK TOWER MIXED USE DEVELOPMENT

ClockTower

Knight Webb have handed over the keys to seven brand new retail units delivered on-time and on-budget for leading multi-sector developer Exton Estates at its prestigious Clock Tower mixed-use development situated in Chelmsford, Essex.

The scheme, the third project to be awarded to Knight Webb in recent times by Exton Estates constitutes the first mixed use/retail development management instructed to be awarded to Knight Webb as it looks to complement the range of services it offers to its growing list of clients and sectors it operates within.

Overall the Clock Tower development comprises over 170,000 sq ft of new retail/mixed-use space to include 92,000 sq ft of retail space across 7 individual units together with 84,000 sq ft of industrial accommodation.  The Industrial units are under development alongside and scheduled for completion in January 2018.  The project is being funded by Aberdeen Asset Management.

Speaking about the project, Exton Director Stuart Bedford said: “Exton sourced the old 11 acre Britvic Soft Drinks site off market and negotiated a planning consent for a prime out of town retail park on the front five acres.

Aberdeen Asset Management provided development funding.  Construction was undertaken by with Readie Construction and PC of the retail units occurred in November 2017.  Retail tenants include M&S, Aldi, SCS and Costa Coffee.  We are delighted to continue the partnership with KnightWebb and look forward to another successful outcome”