Kenilworth
Cobalt Estates (Kenilworth) Ltd, in joint venture with Discovery Properties, acquired Talisman Square shopping centre Kenilworth, Warwickshire in 2003. The shopping centre is at the heart of the town centre of Kenilworth and has seen little change since it was originally constructed nearly 40 years ago. Today it has a number of successful shop tenants and is anchored by Woolworths and Boots stores.
Since 2003 Discovery Properties have been working to improve the scheme and planning consent was finally given for a major redevelopment and refurbishment of Talisman Square together with the development of a major new foodstore for Waitrose and 300 space decked car park on the site of the existing car park and adjoining youth centre in April 2006.
Work started on the construction of a new Youth Centre in the Abbey End Car Park in August 2006 with Completion programmed for Spring 2007. This will enable the relocation of the existing youth centre to allow work to start on the development of the new Waitrose and refurbishment of Talisman Square in late Spring 2007. Completion of the entire scheme is likely to be next Summer 2008.