Plans for two Lisburn shopping developments withdrawn
- 17 October 2011
- From the section Northern Ireland
Planning applications for two major shopping developments in Lisburn have been withdrawn.
The schemes, on land east of the McKinstry Road and land off the Magheralave Road, were to be considered by the Planning Appeals Commission (PAC) in January.
However both applications were withdrawn on 12 October.
The schemes had been proposed by companies owned by two of NI's wealthiest developers.
The McKinstry Road scheme, which consisted of a major supermarket, other shops and a petrol station, was proposed by Castle Glen Development Company, a firm owned by Frank Boyd.
Mr Boyd owns the property company Killultagh Estates and also co-owns the William Ewart firm. His properties include the Connswater shopping centre in east Belfast.
Wildrose (Magheralave) had wanted to develop an 8,000 sq metre supermarket at the Magheralave Road site.
That firm is controlled by members of the Cultra-based Eastwood family.
The Eastwoods used to be best known as bookmakers, a business they sold to Ladbrokes for £135m in 2008.
The focus of their business interests is now commercial property and their companies own and manage a number of retail sites across the UK, including the Tower Centre in Ballymena.
An Eastwood company is part of the Castlebawn consortium which is planning a major redevelopment of Newtownards town centre.