Inside ghost town shopping centre that lies abandoned 25 years after opening

An abandoned shopping centre lies empty and derelict 25 years after its flagship opening. Five Sisters Freeport Shopping Village in West Lothian, Scotland, opened in 1996, with over 40 stores, claiming to be Scotland’s new premier outlet for designer clothes. But after a huge decline by 2004, Freeport Leisure decided it was time to close the centre down and they shut up shop. The site has been derelict ever since, with the BBC using it for filming on a zombie children’s show in 2015, Edinburgh Live reports. The 50,000sq ft shopping centre attracted over a…

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Landsec in talks to buy Lendlease’s 25% stake in Bluewater for £200m

Landsec is reportedly in discussions with Lendlease to acquire a 25 per cent stake in its Bluewater Shopping Centre in Kent in a £200 million deal. If the deal goes ahead, Landsec will take majority control of the 1.8 million sq. ft Dartford mall, increasing its stake to 55 per cent. Sources familiar with the talks confirmed Landsec and Lendlease are close to agreeing the deal, Property Week reported. Landsec is considering increasing its holding further, potentially taking full ownership of the centre if the remaining shareholders agree to sell. The remaining…

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Melbourne’s Jam Factory to be transformed into £800M mixed-use precinct

The 18,000sqm site is to be transformed from a solely commercial setting to a high-end luxury mixed-use development. The development group includes Newmark Capital, GURNER and Qualitas along with lead architects Bates Smart, Townshend Landscape Architects and Leonard Design Architects. The aspirational plans look to convert the site to a mixed-use precinct, spanning retail and entertainment, office and residential towers, an ultra-luxury hotel and a new public realm. The proposed scheme includes: A new public civic space in the form of a 1,700sqm, two-level plaza and amphitheatre Four luxury residential towers totalling over 400 ultra-luxury residences A 5-star hotel…

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