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LONDON-Union Square Developments, part of the Stannifer Group, has started site works at Union Square in Aberdeen city centre in preparation for its 550,000-sf mixed-use development. Located next to the main rail and bus stations between Guild Street and Market Street, the £140 million ($230 million) development will transform 22 acres of the city centre.

Work is progressing following a go-ahead by the Lands Tribunal, which ruled in favour of the development proceeding, provided a rail freight terminal, that occupies a small part of the site, is relocated to purpose-built facilities in the north and south of the city.

The scheme already has full planning permission and is scheduled to open in 2006. The developer says it is in discussions with a wide range of retailers and leisure operators and the first tenants will be confirmed in the New Year.

Union Square director Campbell Whyte said: “Many innovative retailers are looking to open new units, but cannot find the right type of space and environment in existing shopping streets and centres. We can attract these retailers by providing a wide range of units that will complement the city’s existing retail offer.”

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