Sovereign Centre buyout not the end for Dolphin Square
PUBLISHED: 10:00 10 April 2015
THE new owner of the Sovereign Shopping Centre has played down 'speculation' the takeover could spell the end of the redevelopment of Dolphin Square.
But he insists his company Vixcroft will push ahead with its own agenda for the Weston High Street shopping mall, once solid plans are in place.
Chief executive Daniel Carter said: “To say it would spell the end of Dolphin Square, I think it is running ahead of ourselves – we don’t even know what the Sovereign Centre project will be yet.
“To say anything of the future of Dolphin Square will be speculation on the part of other parties.
“But I am a man in a hurry, I have the finances and the resources to do it – but what exactly we are going to do is yet to be decided, we are just at the brainstorming stage.
“It is a bit early for anyone to jump to conclusions.”
Mr Carter said the most likely competition between the two sites would be for national restaurant chains, but said it should not be a cause for concern.
He said: “The only crossover is in restaurants but I think the more restaurants the better.”
There has been talk of extending the shopping centre but exactly what is in store is unclear.
Mr Carter added: “The councillors don’t really want to have discussions at the moment because of elections, which is totally proper, so I don’t think there is going to be any progress in the next couple of weeks.”