SEVERAL popular retailers have been secured for a new retail park which will be built in the Gorbals area of Glasgow.

Property development firm Ediston announced that they have been given planning consent for a Clydebuilt Funds retail park in an area which runs along Crown Street and Cathcart Road. The land also sits close to the city’s Govanhill.

The large-scale project also includes plans for development of around 360 homes which was subject of a separate planning application submitted back in March.

Ediston confirmed that pre-let agreements have been agreed with supermarket chain Aldi, discount firm B&M, Iceland Food Warehouse as well as Costa and Burger King who will run drive-thru restaurants.

The development will provide 125,000 square feet of retail warehouse accommodation and is 65,000 square feet pre-let.

The site, which used to be the Dixons Iron Foundry before Castle Cash and Carry took over, runs alongside the M74, and has been the subject of many planning applications over the years.

This week, a fence was erected around the site as building work preparations take place.

It is hoped the retail park will be opened to the public next summer.

Alastair Dickie, of Ediston, said: “We are proud to be at the heart of another major regeneration project in Strathclyde with our Clydebuilt Fund which is a successful joint venture between Ediston and Strathclyde Pension Fund.

“The development of much needed retail provision and amenity for the local community alongside much needed housing is the perfect solution for a site which has remained vacant for more than two decades.

“In a retail market where there has been a constant stream of bad news recently we are evidencing that there is real tenant demand in the sector for good quality, well located parks at sensible rental levels.”