Commercial : Mixed-Use News
John Lewis pulls out of build-to-rent as higher rates derail housing push

John Lewis pulls out of build-to-rent as higher rates derail housing push

John Lewis Partnership has scrapped its in-house housing venture and abandoned plans to deliver around 1,000 build-to-rent homes across three sites, citing a major change in economic conditions behind the decision. The employee-owned retailer confirmed it is withdrawing from the build-to-rent market after concluding that the financial case no longer

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Bradford City Village Moves Forward with 1,000-Home Regeneration Plan

Bradford City Village Moves Forward with 1,000-Home Regeneration Plan

Bradford’s long-anticipated City Village regeneration scheme has secured planning approval, unlocking the delivery of up to 1,000 new homes in the city’s former commercial core. The major transformation will see underperforming retail assets, including the Kirkgate Shopping Centre and Oastler Shopping Centre, replaced with new housing, public spaces and mixed-use

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£1bn Eastgate Quarter Vision Moves Forward with Expert Team Appointment

£1bn Eastgate Quarter Vision Moves Forward with Expert Team Appointment

The £1 billion regeneration of Eastgate Quarter in Leeds city centre has reached a significant milestone with the appointment of a specialist consultant team to help deliver the ambitious scheme. Danish planners and British architects have been selected to bring forward proposals for the redevelopment of a four-hectare site in

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Major plans unveiled to transform Mersey Square

Major plans unveiled to transform Mersey Square

Ambitious designs to revitalise Mersey Square and the neighbouring Bear Pit have been revealed, marking the first comprehensive makeover in generations and setting out a plan to create a lively, welcoming focal point in Stockport’s town centre. The proposals represent the next phase of the UK’s largest town centre regeneration,

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Baltic Quarter vision moves forward as Muse and ECF step in

Baltic Quarter vision moves forward as Muse and ECF step in

Plans to regenerate Gateshead’s Baltic Quarter have taken a significant step forward after the council agreed a pre-development deal with Muse and ECF to progress a major mixed-use scheme of around 1,600 new homes. Under the agreement, ECF will work alongside Gateshead Council to develop the long-term vision for the

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Partnership signed for Stevenage Station Gateway masterplan

Partnership signed for Stevenage Station Gateway masterplan

An agreement has been finalised to push ahead with the Stevenage Station Gateway project, forming a key part of the broader transformation of Stevenage town centre. The scheme is valued at around £1bn. It will deliver a minimum of 1,000 new homes, upgraded station facilities and about 50,000 sqm of

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Latest Issue
Issue 338 : Mar 2026

Commercial : Mixed-Use News

John Lewis pulls out of build-to-rent as higher rates derail housing push

John Lewis pulls out of build-to-rent as higher rates derail housing push

John Lewis Partnership has scrapped its in-house housing venture and abandoned plans to deliver around 1,000 build-to-rent homes across three sites, citing a major change in economic conditions behind the decision. The employee-owned retailer confirmed it is withdrawing from the build-to-rent market after concluding that the financial case no longer stacks up in today’s higher interest rate environment. The move ends a diversification strategy first set out in 2020, aimed at generating long-term income by developing surplus land and airspace above existing stores. John Lewis had secured planning permission for residential schemes above Waitrose supermarkets in Bromley and West Ealing, as well as a separate development on a former industrial site in Reading. In West Ealing, the proposals comprised 428 flats across four high-rise blocks above the Waitrose store. Bromley would have delivered 353 rental homes in a 24-storey building above the supermarket, while the Reading plan involved 170 flats as part of a £70m scheme. The partnership said it will now enter final discussions with local authorities before deciding the future of the sites, with options expected to include selling them on to property developers. John Lewis pointed to a combination of rising borrowing costs, higher build costs and weaker investor appetite as key factors in its decision, noting that the venture was designed for a market environment that no longer exists. Investment manager abrdn had been working with the retailer on the programme. A spokesperson said the rental ambition was based on more stable investment returns, lower borrowing costs and more affordable construction costs, but that inflationary pressures and a more cautious property market have meant the model no longer meets the partnership’s investment criteria. Alongside the shift away from build-to-rent, the retailer also confirmed it is exiting property management. That business will be wound down once existing contracts covering four residential buildings come to an end. The move represents a clear reset of John Lewis Partnership’s property strategy, with the business choosing to refocus on its core retail operations and strengthen its balance sheet amid ongoing uncertainty in the housing development and investment market. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Goodman’s Fields retail and leisure estate sold in London’s Tech Belt

A prominent mixed-use block within London’s so-called ‘Tech Belt’ has changed hands, with Berkeley Homes completing the sale of the retail and leisure element of Goodman’s Fields in Aldgate to an undisclosed purchaser. The 7-acre Goodman’s Fields estate occupies a key position on the eastern fringe of the City of London. In May 2025, Berkeley brought 12 ground-floor commercial units to the investment market, offering a total of 38,717 sq ft of retail and leisure accommodation. At the point of sale, the units were fully let to a diverse mix of occupiers spanning retail, food and beverage, leisure and fitness. Tenants include Amazon Fresh, Pizza Union, Boom Battle Bar, Power-Up Tavern, Kova Patisserie, 12X3 Boxing, Movement Labs, Zia Lucia, DanDan Noodle, Tian Tian Market, Sai Pharmacy and Knife-Sliced Noodles, reflecting the estate’s appeal as a vibrant destination within a high-density urban neighbourhood. The wider Goodman’s Fields development has transformed the former check clearing office site into a substantial mixed-use quarter comprising more than 1 million sq ft of accommodation. The scheme includes over 1,000 homes, a 250-bed hotel and in excess of 600 student beds, alongside landscaped public realm and commercial space. Positioned close to London’s financial district, the area has evolved into a hub for technology and digital businesses, with major firms such as Blockchain, Uber, Lebara, BT, Monzo and Onfido located nearby. The strength of this surrounding occupier base underpins continued investor interest in mixed-use assets that combine residential density with active ground-floor commercial frontage. GCW and CBRE acted on behalf of Berkeley Homes in the transaction, while Knight Frank advised the purchaser. The deal attracted attention across leading property and business media, highlighting sustained demand for well-located, income-producing mixed-use estates in central London. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Bradford City Village Moves Forward with 1,000-Home Regeneration Plan

Bradford City Village Moves Forward with 1,000-Home Regeneration Plan

Bradford’s long-anticipated City Village regeneration scheme has secured planning approval, unlocking the delivery of up to 1,000 new homes in the city’s former commercial core. The major transformation will see underperforming retail assets, including the Kirkgate Shopping Centre and Oastler Shopping Centre, replaced with new housing, public spaces and mixed-use development. The project is being led by Bradford Council in partnership with regeneration specialist ECF, a joint venture between Homes England, Legal & General and Muse. The scheme focuses on the ‘Top of Town’ area, encompassing Chain Street and the sites of the former Oastler and Kirkgate shopping centres. Phase one has now received full approval and will deliver 97 townhouses across Chain Street and the northern section of the Oastler site. The homes will be arranged around new courtyards, landscaped green spaces and a central community green, forming the first step in reshaping the area into a residential neighbourhood. Bradford-based housing association Incommunities has been identified as the preferred funding partner for the first phase, delivering homes for both sale and rent, subject to final legal agreements. Outline planning consent has also been granted for the wider masterplan. This includes more than 700 apartments across the southern Oastler site and Kirkgate, alongside new retail, leisure and business space intended to reintroduce activity and employment into the heart of the city. Demolition of the former Oastler Shopping Centre, which closed last summer, is due to begin shortly and is expected to take around seven months. The 1970s-built Kirkgate Shopping Centre will close later this year, with demolition anticipated towards the end of 2026. Construction of the first phase is scheduled to start this summer, with works expected to last approximately 24 months, marking a significant milestone in Bradford’s city centre renewal. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Wythenshawe’s £500m Makeover Gathers Momentum with Vibrant New Food Hall Plans

Wythenshawe’s £500m Makeover Gathers Momentum with Vibrant New Food Hall Plans

Ambitious plans to transform Wythenshawe town centre are accelerating, as Muse submits proposals for a brand-new food hall as part of its £500 million regeneration programme. The proposed food hall forms part of a wider vision to revitalise Wythenshawe Civic Shopping Centre in Manchester, alongside the development of a £32 million Culture Hub currently under construction by Kier. Joel Chandler, Senior Development Manager at Muse, said the project is progressing at speed to deliver the renewal the town centre deserves. He explained that the food hall is set to become a lively destination, showcasing a diverse mix of local food and drink operators. Designed as a welcoming space for residents and visitors alike, it will provide new opportunities for people to gather, socialise and enjoy the town centre — while also giving a significant boost to Wythenshawe’s evening economy. Muse has already begun discussions with prospective vendors, following positive engagement with the local community about the types of cuisine they would like to see represented. The goal is to create an inclusive offering that reflects the tastes of local people and celebrates the very best of Wythenshawe. In addition, Muse has submitted three separate planning applications to deliver 422 new affordable homes for social rent across three town centre locations. This initial phase forms part of a long-term masterplan that will see up to 2,000 new homes built over the next 10 to 15 years, reshaping Wythenshawe into a thriving, modern neighbourhood fit for the future. Building, Design & Construction Magazine | The Choice of Industry Professionals

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£1bn Eastgate Quarter Vision Moves Forward with Expert Team Appointment

£1bn Eastgate Quarter Vision Moves Forward with Expert Team Appointment

The £1 billion regeneration of Eastgate Quarter in Leeds city centre has reached a significant milestone with the appointment of a specialist consultant team to help deliver the ambitious scheme. Danish planners and British architects have been selected to bring forward proposals for the redevelopment of a four-hectare site in the heart of Leeds. The mixed-use project will span from Vicar Lane in the west to Bridge Street in the east, and from Lady Lane in the south to the A64(M) in the north. Leeds-based developers Khalbros and Torsion Group formed a joint venture after acquiring the Eastgate Quarter site in April 2025. Their plans aim to expand the footprint of the city centre and establish a vibrant new neighbourhood featuring homes, workspace, leisure and hospitality destinations. To realise this vision, the joint venture has appointed FeildenCleggBradley (FCB) Studios as lead architect and masterplanner, alongside Danish urban design practice SLA. FCB Studios already has strong ties to Leeds, having designed Broadcasting Place for Leeds Beckett University and developed the masterplan for Wellington Place. Planning consultancy services will be delivered by Leeds-based ID Planning, while Roscoe will provide structural and civil engineering expertise. AMA has been appointed to advise on highways and transport matters. A further 15 specialist consultants and advisers will support the core team. These include Urban Wilderness for townscape visual impact assessments, Futuresecology for ecological consultancy, Prospect for archaeology services, and Social for communications and public consultation support. Additional expertise will be provided by FD Global on wind consultancy, Levrant on heritage conservation and repurposing, GIA Consulting on daylight and sunlight surveying, and Tace on services and utilities consultancy. The proposals are currently progressing through a pre-application process with Leeds City Council to ensure alignment with the ambitions set out in the Eastgate Quarter masterplan. David Khalastchi, Managing Partner at Khalbros, described Eastgate Quarter as a defining moment for Leeds, calling it the final major regeneration opportunity within the inner city centre. He said the appointments signal the project’s international significance while remaining rooted in Leeds’ distinctive character, adding that the team and its investors are proud to contribute to the city’s long-term transformation. Dan Spencer, Chief Executive of Torsion Group, said the consultant appointments represent a pivotal step in bringing the vision for Eastgate Quarter to life. He highlighted the strength of the team, combining local and international expertise, and said the calibre of advisers reflects the scale of ambition behind the scheme and its commitment to supporting inclusive economic growth while creating a lasting legacy. Alex Whitbread, Senior Partner at FCB Studios, said the area has been overlooked for decades. He outlined plans to create a new mixed-use neighbourhood grounded in Leeds’ identity, where sustainability, density and high-quality placemaking work together. The scheme will breathe new life into long-vacant buildings, replace empty plots and car parks with a dynamic public realm, and reconnect surrounding residential communities as the city centre continues to expand. Rasmus Astrup, Design Principal and Senior Partner at SLA, added that the team is excited to be working on such a transformative project. Drawing on Leeds’ heritage, the ambition is to reimagine Eastgate as a ‘Greengate’ — a neighbourhood shaped by nature, public life and green infrastructure as key drivers of regeneration. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Major plans unveiled to transform Mersey Square

Major plans unveiled to transform Mersey Square

Ambitious designs to revitalise Mersey Square and the neighbouring Bear Pit have been revealed, marking the first comprehensive makeover in generations and setting out a plan to create a lively, welcoming focal point in Stockport’s town centre. The proposals represent the next phase of the UK’s largest town centre regeneration, building on momentum already transforming the borough. They aim to cement Mersey Square as a place for residents, families and visitors to meet, relax, walk, play and enjoy events year-round. The scheme envisages a greener, safer, people-first square featuring high-quality public realm, a new play space in the Bear Pit, additional planting, premium materials and enhanced walking and cycling links connecting the Interchange, Merseyway, the Underbanks and the wider town centre. A centrepiece of the plans is the sensitive reworking of the Bear Pit, a distinctive local landmark. Once a 19th-century amphitheatre that hosted bear fighting, it will be reimagined as a key gathering point that keeps its character while improving safety, accessibility, greenery and everyday use. The redesign seeks to: Funding is provided by Transport for Greater Manchester and United Utilities, ringfenced to deliver this new look for Stockport. Micheala Meikle, Cabinet Member for Economy, Regeneration and Housing, said: “This is an incredibly exciting moment for Stockport. Mersey Square sits at the heart of our town centre and acts as the gateway for so many people arriving from our award-winning interchange and these plans will turn it into a space that truly reflects the pride, ambition and creativity of our borough. The Bear Pit is a landmark that means so much to our community, and this transformation will honour that heritage while creating a vibrant, modern space where people want to spend time. This is Stockport continuing to move boldly forward.” Cllr Grace Baynham, Cabinet Member for Parks, Highways and Transport Services, said: “These proposals show just how ambitious we are for our town. Mersey Square will become greener, safer and far more enjoyable for everyone – families, businesses, visitors and residents alike. The improvements to walking and cycling routes will make moving through the town centre easier than ever. The work will complement our award-winning spiral ramp that links the town centre to the train station while it will create a further access point for the Trans Pennine Trail and the recently announced Mersey Valley Way.” Building, Design & Construction Magazine | The Choice of Industry Professionals

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King’s Cross Greenlights £500m Regeneration to Deliver Homes, Jobs and New Public Spaces

King’s Cross Greenlights £500m Regeneration to Deliver Homes, Jobs and New Public Spaces

A major £500m mixed-use regeneration project close to London’s King’s Cross knowledge quarter has been given the green light, paving the way for hundreds of new homes and substantial employment space. The development, led by Camden Council in partnership with Ballymore and Lateral, will transform a complex site at Camley Street, bordered by railway lines and split by a major road. Delivered through the Council’s Community Investment Programme, the scheme is being positioned as a model for how local authorities can unlock challenging inner-city locations. Planning approval covers the unification of two brownfield sites to provide 401 new homes alongside more than 350,000 sq ft of office and employment space. Around half of the homes will be classed as genuinely affordable. The scheme will be built across six buildings ranging in height from eight to 30 storeys. Site A will be led by Camden as developer and will feature three interconnected mixed-use residential blocks, designed in terracotta and red brick, rising between eight and 13 storeys. Site B will accommodate a 30-storey residential tower, a 12-storey commercial building, and an eight-storey mixed-use block with homes above ground-floor commercial space. Under the agreed structure, Camden is providing the land on a long leasehold basis to the joint venture. While Ballymore will oversee demolition works on Site B, the Council will initially fund these works, with costs later reimbursed through partner contributions and the first land receipt payment. More than 200 private-sale homes delivered by Ballymore will generate capital receipts, which Camden plans to reinvest into the delivery of social housing on Site A and other Community Investment Programme projects. The proposals are rooted in a landscape-led approach, prioritising walking and cycling routes, public squares and play spaces designed to enhance health, wellbeing and biodiversity. A car-free strategy will improve connections to Regent’s Canal and protect future links to the proposed Camden Highline, reflecting a broader national shift towards low-car, active-travel neighbourhoods. Camden Council estimates the development will create more than 1,000 job and training opportunities, including apprenticeships and school placements. These are intended to open pathways into life science, technology and digital careers for local residents, while maximising the wider economic benefits of the scheme. The first homes are expected to be ready for occupation by late 2030. The project team includes architects Feilden Clegg Bradley Studios and Morris + Company, with Hoare Lea providing MEP services and Aecom and Gardiner & Theobald acting as cost consultants. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Baltic Quarter vision moves forward as Muse and ECF step in

Baltic Quarter vision moves forward as Muse and ECF step in

Plans to regenerate Gateshead’s Baltic Quarter have taken a significant step forward after the council agreed a pre-development deal with Muse and ECF to progress a major mixed-use scheme of around 1,600 new homes. Under the agreement, ECF will work alongside Gateshead Council to develop the long-term vision for the site, shaping funding, phasing and delivery. The Baltic Quarter plays a central role in the council’s regeneration strategy unveiled last autumn. Initial work will focus on how new homes and workspaces can be introduced alongside improved public spaces, landscaping, routes and infrastructure. The proposals aim to support the area’s existing business community, including Gateshead College and the Northern Design Centre, while creating space for future growth. The council said the regeneration will build on the quarter’s established creative and commercial character, helping current businesses remain and expand, while attracting new companies and talent to Gateshead and neighbouring Newcastle. An early masterplan for the Baltic Quarter has been prepared by architect Brown + Company. Sustainability sits at the heart of the proposals, with the area already benefiting from a district energy network powered by the UK’s largest urban solar farm and mine water heat. A recently completed 1,000-space car park has also been designed to support large-scale electric vehicle charging. Sir Michael Lyons, chair of ECF, said the pre-development agreement allows partners to work closely with the council and local stakeholders to shape proposals that reflect Gateshead’s industrial heritage while delivering lasting economic and social benefits. The agreement was secured through Pagabo’s developer-led framework. Council leader Martin Gannon said the scheme could deliver more than 1,600 homes, new office space and high-quality public realm, creating a visible statement of confidence in Gateshead that could help attract further investment to the borough.

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Partnership signed for Stevenage Station Gateway masterplan

Partnership signed for Stevenage Station Gateway masterplan

An agreement has been finalised to push ahead with the Stevenage Station Gateway project, forming a key part of the broader transformation of Stevenage town centre. The scheme is valued at around £1bn. It will deliver a minimum of 1,000 new homes, upgraded station facilities and about 50,000 sqm of additional development, including new public amenities and community spaces. These will be set along a landscaped street linking the town centre to the enhanced station and the Leisure Park. Stevenage Borough Council, supported by the Stevenage Development Board, has entered into a development agreement with Muse Place, backed by ECF — a partnership between Muse, Homes England and L&G. The appointment was made by Pagabo through its Developer Led Framework, which it manages on behalf of the contracting authority Cumbria, Northumberland, Tyne and Wear NHS Trust. Councillor Richard Henry, Leader of Stevenage Borough Council, said: “Ahead of this year’s 80th anniversary of Stevenage becoming designated as the UK’s first New Town, this deal marks an important milestone in the next chapter of the town centre’s regeneration. Delivered in partnership with ECF, Station Gateway will reflect what our town needs and deserves and will bring with it new homes, workspaces and jobs for our local communities.” Sir Michael Lyons, Chair at ECF, said: “Stevenage Borough Council has an ambitious vision for Stevenage and the signing of this agreement helps to move this one step closer to reality. We are pleased to take our commitment to the project further, unlocking this unique opportunity to create growth and community value in this fantastic location.” Chris Scott, Development Director at Muse, said: “We are excited to have formalised our partnership with Stevenage Borough Council for Station Gateway, and look forward to collaborating with the people and businesses of Stevenage as we move into the next phase of masterplanning. We believe successful regeneration is rooted in understanding and responding to the aspirations of the community, and our aim is to shape a detailed vision for Station Gateway that truly reflects the town’s priorities, while also recognising Stevenage’s national and international strategic importance.” The station multi-storey car park area has already seen £6m invested from the government’s Towns Fund, secured by the Stevenage Development Board. ECF’s role will enable wider development and investment in and around the rail station. The next phase is to prepare a detailed masterplan, building on the established vision. Stevenage Borough Council and ECF say they will work closely with residents, ensuring community feedback meaningfully shapes the proposals. Consultation on the detailed masterplan is planned for the first half of 2026, with a range of ways to take part — including online surveys, community drop-ins, stakeholder meetings and written submissions. Further details will be widely publicised to make it easy to participate. Subject to securing the necessary government grant funding, the aim is to start construction in 2028, with the first homes completed in 2030. Image: Stevenage Council Building, Design & Construction Magazine | The Choice of Industry Professionals

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Amro Partners Lodge Ambitious £650m Redevelopment Proposal for Lewisham Retail Park

Amro Partners Lodge Ambitious £650m Redevelopment Proposal for Lewisham Retail Park

Amro Partners has submitted a major planning application to transform Lewisham Retail Park into a large mixed-use residential neighbourhood, marking one of the most substantial regeneration proposals brought forward in the borough in recent years. The application, submitted on 4 December and currently awaiting validation by Lewisham Council, outlines the full redevelopment of the 2.8-acre site on Loampit Vale, which Amro acquired earlier this year. The plans set out a £650 million scheme comprising five new buildings and close to 2,000 square metres of commercial floorspace. The development would deliver 387 Build-to-Rent homes, 383 co-living studios and 682 student rooms, creating a total of 1,452 residential units. Discussions are said to be under way with specialist food hall operators to take up 1,000 square metres of the proposed commercial space. The Build-to-Rent homes would include one to three-bedroom flats, with layouts intended to accommodate single residents through to larger households of up to six people. Affordable housing levels have yet to be agreed with the council, though the intention is for the scheme to incorporate a blend of social rent and discounted market rent homes. Public realm improvements form a substantial part of the proposals, with plans for two residential garden areas and a central square featuring seating, children’s play spaces, open lawns, walking and cycling routes, and almost 100 new trees. Amro said the aim is to create a vibrant, inclusive environment to support long-term community life. Raj Kotecha, chief executive and co-founder of Amro Partners, described the proposals as a once-in-a-generation opportunity to reshape the site into a new sustainable neighbourhood. He said the team had spent months engaging with local people to help inform the vision and ensure the development delivers meaningful social, environmental and housing benefits. The site was previously owned by Legal & General, which secured consent in 2018 for a residential-led scheme that was never brought forward. If Amro’s plans are validated, they will move into the formal decision-making process, including public consultation and eventual consideration by either a planning officer or planning committee. Should planning permission be granted, Amro anticipates beginning construction in early 2027, with phased completion expected through 2029 and 2030. The scale of the proposals sits alongside other major regeneration activity in the area, including Landsec’s £1.5 billion redevelopment of Lewisham Shopping Centre, approved in October, which will deliver 1,744 homes alongside student accommodation and co-living units. Building, Design & Construction Magazine | The Choice of Industry Professionals

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