Asda has unveiled plans for a mixed-use redevelopment of its Park Royal site in North West London. The retailer has joined forces with property developer Barratt London on plans to redevelop the brownfield site which is currently home to its Park Royal Superstore.
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00:00 Hello, my name is Greg Wright and I'm the Deputy Business Editor of the Yorkshire Post.
00:06 Here are your business headlines for today.
00:09 The Leeds-based supermarket chain, Asda, has unveiled plans for transformational mixed-use redevelopment of its 10-acre Park Royal site in northwest London.
00:20 The retailer has joined forces with the leading property developer Barrett London on plans to redevelop the brownfield site, which is currently home to its Park Royal Superstore.
00:31 The proposal, which is subject to planning approval, includes creating a new town centre for the local community at the heart of the old Oak and Park Royal Development Corporation regeneration area.
00:43 It will also feature a new 60,000 square foot flagship Asda Superstore and up to 400 car parking spaces for customers.
00:52 Some major development this morning from the Leeds-based supermarket chain, Asda, which unveiled plans for major mixed-use redevelopment in northwest London.
01:02 My name is Greg Wright and I'm the Deputy Business Editor of the Yorkshire Post.