Wednesday 25 July 2007

Tesco Buys Factory in Non-Retail Area

The Welwyn & Hatfield Times reports that Tesco has bought up a disused factory in Welwyn Garden City. Local council chief planning officer Chris Conway told the paper,

"[The land] is zoned as mixed-use for employment, leisure and housing and not for retail."

What is Tesco going to do with it? Remember Michael Kissman (quoted in the report) told us that,

"we build supermarkets. We are not in the house-building trade. We’re not going to pretend that we will build something else”.

So will Tesco try to change the zoning of the land - or will it just wait a few years for something to change...

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