Five top restaurants sign deals to come to Friars Walk in Newport
9:02am Friday 25th October 2013 in News
FIVE well-known restaurant brands have signed up to take more than 25,000 sq ft of space at the Friars Walk development - greeted as 'fantastic' by city centre business people.
Nandos, Cosmo, Frankie & Benny's, Prezzo, and Chiquittos join Next, Topshop, Debenhams and Cineworld who have already committed to the city centre development, which is being carried out by
Queensberry Real Estate.
Three of the remaining six restaurant units are also under offer.
Chris Taylor, operations director financial services firm Kymin, which is based in Bridge Street, said: "This is fantastic news for the Friars Walk scheme and the city as a whole.
"These are top-branded, well-liked and fashionable restaurants which are popular with families - a group we need to attract into the centre both during the day and in the evenings.
"These restaurants, the multi-screen cinema and other retail outlets that are all part of the scheme have the ability to transform Newport. On the back of this development and the operators it is attracting, Newport could once more become a destination."
Mr Taylor said: "This is the kind of investment in the centre of the city that Newport has needed for a very long time."
Haydn Thomas, of Hutching & Thomas Chartered Surveyors, said: "This announcement is very welcome and is a huge boost for the city. It is a key element that the city centre has always lacked and this now will help attract young families, among others, into the city centre. These are extremely exciting times for Newport."
Stuart Harris, head of leasing at Queensberry, said: "These restaurants are another great addition to our line up at Friars Walk. They all see the huge potential in a rejuvenated Newport. We are very proud to be so closely involved with the growth of Newport at such an exciting time for the city."
Newport City Council leader Councillor Bob Bright said: "These popular restaurants have been long awaited in Newport. This is just the news we need to take us that one step closer to Newport having a 24/7 vibrant city centre.
"The redevelopment is attracting more and more big names, and like everyone else in Newport, the council is looking forward to this retail and leisure scheme coming to fruition."
It is expected that Friars Walk will create more than 1,100 jobs in its 35 retail units, restaurants and cinema complex. The 390,000 sq ft-plus scheme will also include 360 parking spaces and new bus
station and interchange.
Demolition of the site will begin next week.
The restaurant singings have been announced shortly after Queensberry Real Estate were named by Estates Gazette, a leading industry publication, as the 'Property Company of the Year in Wales' for
its work on the Friars Walk development.
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