Brent Cross shopping centre is poised for a £1.4bn redevelopment as its owners Hammerson and Standard Life Investments breathe new life into the mall.
London’s first ever retail destination will be transformed under the plans as the centre’s landlords bid to compete with Westfield’s two London centres in Stratford and White City.
The plans, which have gone before a public consultation, include:
- More than 200 retail brands, 40 new restaurants, a cinema complex and hotel accommodation;
- A town square that will become a hub for leisure and entertainment activities;
- An enlarged and relocated bus station;
- Improved public spaces, including a new Riverside Park;
- New homes;
- New employment and training prospects for local people, with up to 3,500 retail jobs and 5,000 construction opportunities.
Peter Cole, chief investment officer for Hammerson said: “Brent Cross has been an iconic part of retail in London and the local community for 40 years.
“The challenge we have set the design team is to create a destination for the best global brands and experiences and at the same time still retain Brent Cross’ distinctive character and personal touch which can be enjoyed by future generations.”
Retail Week takes a closer look at the plans.
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