Town centre optimism for Stroud as further investment on the way
2 March 2021
The last twelve months have seen a major transformation of Stroud’s Five Valleys shopping centre, and when the restriction start to lift later in the Spring further investment and new businesses will be unveiled.
Over the last year the improvements at Five Valleys have included the upgraded multi storey car park as well as improvements to access and signage at the centre and the creation of new retail units which have been upgraded and modernised.
High quality town centre apartments have also been created with work underway on more residential accommodation in this mixed-use town centre development. The investment in the town to date totals more than £17 million.
At the heart of the project is the new Borough Market style market hall with a great line up of local artisan traders and food to go outlets which has been permitted to trade throughout the UK wide lockdown. A local greengrocer is set to join the line up on Friday 5th March, strengthening the essential food range at the indoor market hall.
The centre is owned and managed by Sheffield based Dransfield Properties Ltd and the team behind the project are now focussed on the reopening of non-essential retail scheduled for April 12th which fits in with the planned launch of the centre’s new Sanderson’s Department Store.
A brand-new lift is also on schedule to be completed and commissioned in April taking shoppers and visitors from the ground floor where The Vue Cinema can be found up to the top floor car park which also houses the popular Stroud Bowl.
This summer will also see further investment when work starts on the new Medical Centre which is a key part of the town centre project. It will bring together Stroud Valley Family Practice and Locking Hill Surgery under one roof alongside a range of other patient services.
The move will allow the practices to offer additional services including minor surgery, mental health support, physiotherapy and social prescribing.
Managing Director of Dransfield Properties, Mark Dransfield, said: “Though it has been an extremely difficult year for so many of our businesses we have stayed focussed on delivering a development which is fit for the post covid landscape.
“We have a truly mixed-use development here in Stroud with high quality retail units as well as new apartments which are being occupied as soon as they come to market.”
As well as the brand new Sandersons Department store, a new café is due to open at the centre and further restaurant space has been created to increase the dining out offer.
A return to restaurants reopening will also see current food to go trader Non-Solo Pasta relocating to a larger unit in the market area to offer a full restaurant experience.
Mark added: “Stroud is a fantastic market town; we are extremely proud to be investing here and feel confident that the mix of uses we have will create a vibrant town centre which will also be the catalyst for further improvements and investment.”
To find out more about Dransfield Properties Ltd visit www.dransfield.co.uk and to keep up with news and events at Five Valleys go to www.fivevalleysstroud.co.uk
For further information, contact:
Public Relations Department, Dransfield Properties Ltd
Tel: 01226 360644
Email: admin@dransfield.co.uk