£1.4 billion redevelopment planned for Brent Cross Shopping Centre
Hammerson and Standard Life Investments have announced plans for a £1.4 billion redevelopment of Brent Cross Shopping Centre in London. The scheme is part of a larger £4.5 billion regeneration plan for Brent Cross and Cricklewood.
The plans will renew and revitalise this significant area of North London into a new urban quarter. One of the main elements of Brent Cross London that will be the focus of the public consultation and the detailed planning application is more than 200 retail brands, 40 new restaurants, a cinema complex and hotel accommodation.
Whilst doubling the size of the existing shopping centre, John Lewis and Fenwick will be retained and a new Marks & Spencer anchor store will be delivered. All three were part of the original Brent Cross when it opened in 1976.
In order to ensure the scheme remains relevant to the changing retail and consumer demands, the new centre will attract leading international and UK brands alongside space for local and pop-up businesses and concept stores to test consumer appetite for the latest trends.
As part of the detailed design process, Hammerson and Standard Life Investments want to understand what shoppers and the local community love about Brent Cross and how the transformed centre can continue to capture its iconic London heritage. Following feedback, the detailed planning application will be submitted to the London Borough of Barnet in Spring 2017.
'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,' says Peter Cole, chief investment officer for Hammerson.
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