Salmon Harvester Properties has been appointed by Interbrew to develop the former Flowers Brewery in Cheltenham. Salmon Harvester is buying the site from Interbrew, with the brewer retaining a profit share in the scheme.

The five-acre development will provide 200,000sq ft of retail and leisure space. The site already benefits from outline planning consent and a number of tenants have agreed pre-lets on the scheme including Cine-UK and Cannons.

A detailed planning application will be made within the next three months and given a successful outcome, construction will start in late 2002 with completion a year later, confirmed Doug Stewart, director of Salmon Harvester.