Hammerson unveils massive £1.4bn Brent Cross regen plans
Developer Hammerson has submitted detailed plans for its £1.4bn Brent Cross regeneration project with Standard Life Investments which could see the introduction of 200 new retail units and 60 new restaurants at the iconic site.
The scheme, dubbed Brent Cross London, has been designed by architects Callison RTKL and Chapman Taylor, and forms part of the wider £4.5bn Brent Cross and Cricklewood regeneration scheme.
Sitting in the northern part of the development, the developers plan to double the size of Brent Cross Shopping Centre to around 2m sq ft, adding 200 new retail units, 60 restaurants and a state of the art cinema.
Plans also include an extra 7,600 car parking space and a brand new Brent town centre, which will encompass improved public realm and transport links and an ambitious living bridge and green landscaped boulevard.
James Stevens, Head of UK Development, Standard Life Investments, said: “Our plans for Brent Cross London are progressive and ambitious. 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”.
Peter Cole, Chief Investment Officer for Hammerson added: “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.”
Hammerson and Standard Life hope to begin construction as early as summer 2018 pending planning approval.