Hammerson and Standard Life Investments have unveiled plans for the £1.4bn redevelopment of the Brent Cross Shopping Centre in London, UK.
The project, known as Brent Cross London, will double the size of the 40-year-old shopping centre, adding over 200 retail brands, 40 new restaurants, and a cinema complex.
The development will include the construction of new homes and hotel space.
Plans also include an enhanced Sturgess Park, a main town square and riverside landscaping offering new pedestrian and cycling routes.
Hammerson chief investment officer Peter Cole 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.”
The project is expected to create 5,000 construction jobs. Detailed planning application for the redevelopment will be submitted to the London Borough of Barnet in early 2017.
Brent Cross London forms part of the £4.5bn Brent Cross Cricklewood masterplan, which will deliver 7,500 new homes, 78,200sq m of retail space, three re-built schools, new parks and community facilities, and major road and public transport improvements.
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