Newtownabbey Borough Council approves £8 million Home Bargains store in Antrim
What happened
Newtownabbey Borough Council granted approval for Home Bargains to build a new store in Antrim. The proposed store will cost £8 million and occupy 2,183 square metres on Ballymena Road. This would be Home Bargains' 33rd store in Northern Ireland.
From irishnews.com
Why it matters
The council stated the new retail investment will bring an associated gross value added (GVA) of £7.8 million and generate approximately £126,000 in annual rates revenue. The project is expected to create 95 permanent jobs and 59 indirect roles in the area.
From irishnews.com
Who's involved
- Home BargainsDiscount retailer planning a major store expansion in Antrim.
- AntrimTown where the new £8 million retail store will be located.
- Newtownabbey Borough CouncilAdministrative body that granted planning approval for the project.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Newtownabbey Borough CouncilSpeculative
Could see increased rates revenue and Gross Value Added (GVA) from the new retail site.
- AntrimSpeculative
May experience a direct injection of £8 million investment and 154 new jobs into the local economy.
Possible ripples
Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.Keep exploring
The entities involved
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Home Bargains
British discount store chain
Nothing else this week.
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Antrim
town on the shore of Lough Neagh, in the baronies of Toome Upper and Toome Lower, Co. Antrim, in the northeast of Northern Ireland