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Plans submitted for huge Brent Cross expansion

Plans submitted for huge Brent Cross expansion

Brent Cross Shopping Centre is set for a huge £1.4 billion facelift under plans submitted by developers Hammerson and Standard Life Investments.

The project will involve expanding the 41-year-old centre with 200 new shops, 60 restaurants, a cinema, hotel and an enlarged bus station, as well as a public square. Around 5,000 construction jobs will be supported by the scheme if Barnet Council gives it the go-ahead.

The new shops will give the centre double its current amount of retail space, with an extra two million sq ft. There will also be 7,600 parking spaces, making life easier for anyone driving to the centre.  

Hammerson and Standard Life is already developing the wider Brent Cross area, with the £4.5 billion scheme involving new housing and infrastructure. A new footbridge will be part of the scheme, linking the expanded Brent Cross centre with the south of the district, where Argent Related and Barnet Council are working on a major new housing development.

Commenting on the project, chief investment officer at Hammerson Peter Cole said: "This marks another significant milestone in the transformation of Brent Cross. 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."

The Brent Cross shopping centre is not the only one of its kind in London being lined up for a major revamp.

Planning permission was granted in March for a £400 million transformation of the Eden Walk shopping centre in Kingston-upon-Thames. This project, developed by British Land and Universities Superannuation Scheme, will see the 1960s centre being redeveloped with 28 new shops, 12 restaurants, a new cinema and multi-storey car park. In addition, the complex will feature around 400 new apartments.

Over 700 construction jobs will be supported by the scheme when work starts in 2019.

Image: iStock

 

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