Council left scrambling as landlords walk away from Croydon Westfield dream

Croydon

Local authority plans to regenerate Croydon have been thrown into chaos after Unibail-Rodamco-Westfield and Hammerson walked away from the Centrale & Whitgift Centre.

The Croydon Partnership, a joint venture struck in 2013 by institutional landlord giants Westfield and Hammerson, has walked away from the £1.4bn planned regeneration of the Centrale & Whitgift Centre after the best part of a decade’s planning. 

In a statement, the partnership said that the ongoing coronavirus crisis had only exacerbated existing issues with both the site and with retail in general. However, the two landlords said they would continue to work with Croydon council on new plans to regenerate the town centre. 

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