A big name discount shop is set to close as STACK has plans to open a food and drink leisure venue inside the premises.
The Northern Echo understands the Yorkshire Trading Company, which is inside the former M&S on Silver Street, Durham, is expected to shut ahead of winter 2023.
Plans were yesterday revealed by STACK Seaburn operators, Danieli Group for a major leisure venue to move into the site, currently occupied by the bargain retailer.
Read more: STACK to open sites in Bishop Auckland and Durham (and there's lots planned)
It also revealed plans for a similar venue to open at a purpose-built venue on Newgate Street in Bishop Auckland.
The plans suggest that seven street food outlets, five bars, a coffee shop, a stage, communal seating and a rooftop terrace could be created in Durham.
STACK said they are planning to convert the premises, which was also previously home to Marks & Spencer until 2018, within the next twelve months.
Read more: Durham City Marks and Spencer closure - your comments
But last night, Graham Soult, who is a retail expert and manages the Indie Durham City project, said every effort is being made to ensure the beloved brand stays in the city.
He said: "I can immediately predict some will say 'oh no not more food and drink in Durham' because of the fact it involves losing a shop.
"But it's worth remembering back in December 2020, the Yorkshire Trading Company took the unit on a short-term, three-month lease.
"Well it stayed for two years and clearly I know that out of the people I talk to in Durham, and the council, everyone is keen to try and find a way to accommodate them."
Although no official details on how STACK Durham will look have been released, bosses have confirmed the leisure complex will take over the entire premises.
Mr Soult said: "It was never the plan for them to remain in Durham forever and what's good about STACK, they will be using the whole building, not just the ground floor.
"It's something that's quite different even on a national scale, we are seeing lots of former Marks & Spencers and Debenhams being repurposed, but I am not aware of anything like it elsewhere in UK."
Neill Winch, Chief Executive Officer of Danieli Group, yesterday said millions would be pumped into making the site a "huge asset."
He said: "Durham is a city with an international reputation for its tourist attractions and history and is home to one of the top universities in the country, bringing in students from around the world."
The Yorkshire Trading Company was approached for comment but did not respond in time for publication.
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