Hammerson, Standard Life Investments submit plans £1.4bn shopping centre

WCN Editorial Team 22 May 2017 EUROPE BUILDINGS

Hammerson and Standard Life Investments have submitted a detailed planning application to the Barnet Council for the £1.4bn redevelopment of London’s Brent Cross Shopping Centre.

The plans, designed by architects Callison RTKL and Chapman Taylor, involve renovation of the shopping centre and doubling its size to nearly 2m ssq ft with 7,600 car parking spaces.

Over 200 new retail stores, 60 restaurants, a cinema complex, hotel accommodation, a new town square, a relocated and enlarged bus station, a new living bridge, and a green landscaped boulevard will be added to the property as part of the project.

Plans also include retention of John Lewis and Fenwick, and addition of a new Marks & Spencer anchor store. Preliminary work is expected to begin by mid-2018, subject to planning permission.

Hammerson CIO Peter Cole said: “We will create a world-class retail destination that will be the catalyst for a new and vibrant quarter. Brent Cross has been an iconic part of retail for more than 40 years and our plans seek to ensure that it continues to define the next generation of retail in London.”

Standard Life Investments head of UK development James Stevens added: “We are in discussions with a breadth of retail and leisure brands who are equally excited at becoming part of north London’s premier shopping centre.”

Brent Cross London forms the northern part of a wider £4.5bn regeneration plan proposed for Brent Cross and Cricklewood, for which outline planning consent was obtained in 2010.

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