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Eldon Square could be catalyst
Published: 2010-02-17 09:34:40
The new Eldon Square shopping mall could be the catalyst Newcastle needs to shake off the troubles of the recession, according to city leaders. (Sourced from the Journal.)
Following the opening of the mall's new St Andrew's Way, which boasts the North East's first Apple store and a flagship four-storey Debenhams, business chiefs believe further investment can be found to improve shopping in the city and boost visitor numbers.
They said there are big-name retailers queuing to set up shop in the city for the first time in a bid to follow in Apple's footsteps.
And they believe council bosses can work with private sector officials to make Newcastle a prime UK destination for shopping, culture and entertainment.
A total of £170 million has been spent on renovating Eldon Square over the last five years, culminating in the opening of the new part of the mall housing five brands new to Newcastle. Next, £2 million will be spent on bringing the rest of the shopping centre up to the standard of the new mall, with new floor tiles going in from March.
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