Rioja Estates and Osborne+Co will develop the project in two phases. The first phase of the shopping centre is scheduled for opening in 2025, while the second phase is expected to be completed in 2027.
The outlet shopping centre is estimated to involve an investment of £120m. It will provide visitors with a multi-sensory shopping experience.
The project will generate an estimated 600 construction-related jobs and, on completion, 1,500 new jobs across retail, management, and services.