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31/08/2017

Costa To Become Tenant At £107m Marischal Square Development

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Coffee shop firm Costa has signed a contract to become a tenant at the £107 million Marischal Square development in Aberdeen.

Costa's agreement will bring new jobs to the city centre regeneration site and will be the company's fifth site in Aberdeen.

Costa will join All Bar One, Prezzo, Marriott International and iconic north-east businesses Aberdeen Journals and Mackie’s at Marischal Square, which is on schedule to be completed later this summer.

Caroline Midgley, acquisition manager at Costa Coffee, said: "We're really excited to be opening the new store in the Marischal Square development in Aberdeen, bringing approximately 10 new jobs to the area. As with all of our openings, we're looking forward to being an active part of the community and working with the surrounding businesses in the development."
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The Marischal Square development includes two city centre office buildings providing 173,500 sq ft of Grade 'A' office space with secure parking, seven restaurants and café bars occupying the ground floor space, and a 126-room Residence Inn by Marriott.

Marischal Square is being delivered by urban regeneration specialists’ Muse Developments, working with site landowner Aberdeen City Council with Aviva Investors providing the project funding.

Muse Developments regional director, Scotland, Stephen Turner, said: "This is a major city centre transformational project which fully supports the long-term ambitions for Aberdeen and delivers a vibrant new mixed-use development in keeping with the city's justifiable position as one of the UK’s leading business destinations."

(CD/MH)

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