Queensgate to build £60m leisure extension
Lendlease and Invesco Real Estate are set to spend £60 million to give Queensgate shopping centre a cinema-led leisure extension.
McLaren Construction has officially been appointed to complete the development, which will deliver 77,000 sq ft of leisure space to increase dwell times at the mall.
Parts of the building will be closed off for the redevelopment, but Queensgate reassured shoppers it will remain fully operational.
A new central atrium, covered by a glazed roof, is being introduced and will be home to a bespoke restaurant and leisure space. The new bridge link will provide access between the extension and a new 10-screen Empire cinema, all due to be completed by Autumn 2021.
Guy Thomas, head of retail at Lendlease, said: “The extension, which includes space set aside for leisure that will complement the 10-screen Empire cinema, marks a major milestone for Queensgate’s development, futureproofing the retail destination for years to come.”
Once complete, the extension will create 200 job opportunities.
Jay Newman, managing director, McLaren – South, commented: “The second phase of this major redevelopment at Queensgate will provide an exciting new cultural entertainment hub for local people and visitors to Peterborough.
“This is a challenging build – we know from our experience in building mixed-use leisure and restaurant developments that we have to be innovative with the project scheduling, using modern construction methods to carry out the demolition and major works - to minimise disruption to Peterborough’s shoppers.”
Queensgate currently holds over 90 retail outlets, with tenants including John Lewis, Primark, New Look, Joules, M&S and Superdry.
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