New owners discuss town centre’s future

Kiingdom Centre, Glenrothes
Kiingdom Centre, Glenrothes

Councillors and senior Fife Council officials met with representatives of the new owners of the Kingdom Shopping Centre on Friday.

The meeting was to discuss town centre regeneration plans in the wake of last week’s announcement by retail giant Tesco to axe their plans to build a new supermarket in the town.

Councillor Altany Craik, chairman of Glenrothes Area Committee said the meeting with representatives from LaSalle Investment Management, who bought the Centre on behalf of Mars Pensions for £34.3m in September, was a constructive one.

He said: “The Tesco decision was a disappointing one but one we need to move on from. Lessons will be learned from that episode but now we must look ahead to what is a new opportunity to make Glenrothes a vibrant and worthwhile town centre.

“Something that the Glenrothes people expect and deserve.

“The new centre owners have made a substantial investment in this town and they will want to protect that investment.”

A further meeting is planned for mid- January.