00:00 Hello, my name is Greg Wright and I'm the Deputy Business Editor of the Yorkshire Post.
00:06 Here are your business headlines for today.
00:09 The Leeds-based supermarket chain, Asda, has unveiled plans for transformational mixed-use redevelopment of its 10-acre Park Royal site in northwest London.
00:20 The retailer has joined forces with the leading property developer Barrett London on plans to redevelop the brownfield site, which is currently home to its Park Royal Superstore.
00:31 The proposal, which is subject to planning approval, includes creating a new town centre for the local community at the heart of the old Oak and Park Royal Development Corporation regeneration area.
00:43 It will also feature a new 60,000 square foot flagship Asda Superstore and up to 400 car parking spaces for customers.
00:52 Some major development this morning from the Leeds-based supermarket chain, Asda, which unveiled plans for major mixed-use redevelopment in northwest London.
01:02 My name is Greg Wright and I'm the Deputy Business Editor of the Yorkshire Post.
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