Hammerson reveals plans for £1.4bn Brent Cross redevelopment
London shopping centre Brent Cross is set to undergo a £1.4bn redevelopment under new plans submitted by Hammerson and Standard Life to Barnet Council on Friday.
The extension and refurbishment of the mall includes plans to introduce more than 200 new retail stores, 60 restaurants, a cinema complex, hotel accommodation and a new town square. This means Brent Cross will double its size to around 2 million sq ft.
Hammerson said the proposed development, designed by architects Callison RTKL and Champan Taylor, will deliver a new Marks & Spencer anchor store. John Lewis and Fenwick will be retained in the scheme.
With a new living bridge, a green landscaped boulevard and a state-of-the-art cinema complex, the plan is to transform the 41-year old shopping centre into a world-class, retail-led, mixed-use destination “that will meet the demand of multi-channel retailing”.
Subject to planning consent, preliminary work on the development could start as early as summer 2018.
“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,” said Peter Cole, CII at Hammerson.
“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,” added James Stevens, Head of UK Development, Standard Life Investments.
Located at the junction of the M1 motorway and the London North Circular, Brent Cross sits within one of the UK’s most affluent catchments. Its key tenants include Fenwick, John Lewis, Marks & Spencer and Waitrose and it houses several premium and high street brands including Whistles, Reiss, Jigsaw and Kipling.
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