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Freeport Doubles Lancashire Scheme and Expands in Czech Republic

LONDON-Freeport has been granted planning permission to more than double the size of its successful Freeport Village outlet mall in Fleetwood Lancashire. And at the same time it has completed the purchase of the 240,000-sf Excalibur scheme on the Czech/Austrian border.

By Graham Parker | Updated on April 26, 2002

LONDON-Wyre Forest Council has granted planning permission for a 125,000-sf extension to the successful Freeport Village outlet mallin Fleetwood, Lancashire. The existing 117,000 sf if fully let, and according to Fleetwood chief executive Sean Collidge the extension will confirm its status as the dominant outlet mall in Lancashire.

At the same time Freeport has completed the acquisition of Freeport Leisure (Czech Republic)–the company which owns the Excalibur site on the Austrian/Czech border crossing – for €6.2 ($5.4 million). The company has detailed planning consent to build a 240,000-sf outlet mall and construction will now begin in May 2002.

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