Asda close to agreeing disused factory site deal

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Speculation that supermarket giant Asda are close to agreeing a deal to open a store at a disused factory site in Derry has been described as “positive news for the city.”

Asda, who are also awaiting on planning approval for a store at Crescent Link, have declined to comment on the speculation that they are close to agreeing a deal to purchase the old Arntz belting site.

Sinn Fein councillor Maeve McLaughlin welcomed any potential move by the retailer.

“This is a positive news story for Derry .Since the Arntz Belting factory closed Sinn Féin have campaigned for this site to be used for much needed job creation in the city .This is a massive strategic site with huge potential and is close to the Fort George lands which are a key part of the wider regeneration plans for Derry.

“We will look closely at any plans for the Arntz site to ensure whatever goes there, that we get this right from the outset. It’s crucial that the views of local residents, existing businesses in the area and those involved in the wider regeneration plans of Derry are heard and that any concerns they may have are taken on board.

“Because of the location there will also be major traffic management issues which will need to be addressed particularly as this is adjacent to a main border corridor transport route on the Buncrana Road.”

It is understood a Asda store could create around 400 jobs in the city.