Supporting documents - Renfrewshire Council
Supporting documents - Renfrewshire Council
Supporting documents - Renfrewshire Council
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Proposed Mixed Use Development, Braehead: Socio-Economic Impact Report<br />
between them, these employees generate just over £100 million Gross<br />
Value Added (GVA) per year to the local economy; and<br />
a further 1,900 indirect jobs linked to Braehead are supported across<br />
Scotland.<br />
3.21 It also identifies that CSC spend on average £4 million each year on ongoing<br />
capital expenditure (management, upgrade, maintenance and refurbishment<br />
work) at Braehead, in turn supporting further employment, expenditure and<br />
economic activity in the local area. Last year (2011), CSC and its tenants<br />
generated nearly £16 million of business rate revenue.<br />
3.22 Of the 6,720 direct jobs supported by Braehead’s retail and leisure tenants,<br />
approximately 550 (360 FTE) are estimated to be accommodated within the<br />
retail floorspace 4 that will be demolished and reprovided as part of the<br />
extension development.<br />
Retail Facilities<br />
3.23 Braehead Shopping Centre and Retail Park provides over one million square<br />
feet (circa 110,000m 2 ) of retail and leisure floorspace over two floors, and is<br />
anchored by Marks and Spencer, Primark and BHS. The centre accommodates<br />
125 units and attracts around 17 million visitors each year.<br />
4 80,902 sqft at Primark and 19,332 sqft at New Look<br />
3366706v3 P13