Commercial : Retail News
Out-of-town retail powers on as investors and occupiers double down

Out-of-town retail powers on as investors and occupiers double down

Out-of-town retail continued to outperform the wider retail market throughout 2025, cementing its position as one of the UK’s most resilient commercial property sectors, according to SHW’s Q1 2026 Retail Focus report. Retail warehousing emerged as the standout performer, supported by low vacancy rates, constrained supply and sustained occupier demand,

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OVERGATE, DUNDEE; the year of a retail transformation

OVERGATE, DUNDEE; the year of a retail transformation

Ten new store lettings, including FRASERS, occupying a combined total of 88,063 sq. ft, plus five lease renewals totalling 12,634 sq. ft and three store refreshes, concluded 2025 on a position of strength Overgate, Dundee concluded 2025 as a transformative year for the centre, the city, and indeed the region.

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Aldi Ramps Up Expansion with Five Store Openings in Just 24 Hours

Aldi Ramps Up Expansion with Five Store Openings in Just 24 Hours

Aldi has marked a major milestone in its ongoing UK growth push after opening five new stores within the space of 24 hours across 11 and 12 December. The new branches are located in Uxbridge, Northallerton, Pershore, Old Kent Road in London, and Yate in Bristol, significantly increasing the retailer’s

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Latest Issue
Issue 337 : Feb 2026

Commercial : Retail News

Out-of-town retail powers on as investors and occupiers double down

Out-of-town retail powers on as investors and occupiers double down

Out-of-town retail continued to outperform the wider retail market throughout 2025, cementing its position as one of the UK’s most resilient commercial property sectors, according to SHW’s Q1 2026 Retail Focus report. Retail warehousing emerged as the standout performer, supported by low vacancy rates, constrained supply and sustained occupier demand, all of which helped drive rental growth across the year. Despite a modest dip compared with 2024, investment volumes remained healthy, with more than £2bn transacted in 2025. This level of activity sits comfortably in line with the sector’s 10-year average, with returns over the past 12 months averaging 9.8%. Investor appetite has been particularly strong for well-located secondary assets offering attractive income returns. Groups such as Redevco and Realty have been active in targeting these opportunities, reflecting confidence in the sector’s long-term fundamentals. Occupational demand has also remained robust. Vacancy rates across retail warehousing have held at around 5%, and space released following the failures of Homebase and Carpetright was swiftly absorbed by a mix of food retailers, DIY operators, discount brands and gym operators. There has also been a notable rise in retailers acquiring freehold interests in solus units to secure long-term occupation at lease expiry. Letting activity has varied by location and scheme type. Operators such as Next, Superdrug and M&S Food Hall have continued to target schemes with a stronger high-street bias, while discount retailers including Home Bargains and B&M have pressed ahead with portfolio expansion. While a small number of store closures have been announced by Hobbycraft, overall supply remains tight. Gym operators are increasingly competing with retailers for space, bringing new customer demographics to retail parks and strengthening footfall. Food retailers reported generally positive Christmas trading, with Lidl and Aldi recording strong sales growth. Lidl has now become the UK’s fastest-growing bricks-and-mortar supermarket, while most other major grocers also saw uplifts. The food and beverage and quick-service restaurant sector has continued to expand, with fierce competition for drive-through sites. New opportunities released by Pizza Hut closures were quickly taken up, while fried chicken and coffee brands remain particularly active. Looking ahead, SHW expects the retail warehouse sector to remain resilient through 2026, underpinned by limited new development, strong occupier demand and sustained investor interest. For a copy of SHW’s Q1 2026 Retail Focus, which covers out-of-town and high street retail, please contact any member of the SHW team. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Redleaf and Abel Homes welcome Tesco to new local centre in Swaffham

Redleaf and Abel Homes welcome Tesco to new local centre in Swaffham

Developers bringing forward a new local retail centre in Swaffham, Norfolk, have welcomed Tesco to the scheme. Redleaf is delivering Brandon Road Shopping Centre, an 850 sq m (9,150 sq ft) commercial development at the front of Cygnet Rise, a new residential scheme launched in September 2024 of 160 new houses being built by Abel Homes. Having brought in Tesco Express as the anchor store, Redleaf is also in advanced discussions with a national coffee operator, leaving c.335 sq m (3,600 sq ft) for remaining commercial uses – with a minimum of 75 sq m. Brandon Road Shopping Centre benefits from planning consent for all retail uses – A1, A2, A3, A4 and A5. Sui Generis uses would require consent. There are 36 demised car parking spaces. Interest in the remaining space can be discussed directly with Redleaf. Paul Bishton, Founder of Redleaf, comments: “Redleaf prides itself on delivering high-quality commercial developments to compliment equally high-quality residential schemes and it’s a pleasure to be working with Abel Homes, Tesco and others to ensure these new homes are served by suitable amenities that meet the needs of local residents. With a convenience store and coffee shop on the way, we’d also love to hear from any other retail operators interested in locating to Brandon Road Shopping Centre.” Paul LeGrice, managing director of Abel Homes, said: “Our Cygnet Rise development is very much about creating a new community, providing a new local centre, a care home and assisted living units, as well as much-needed new homes.  We are delighted to be delivering another key component of the community so early in the scheme’s programme, fulfilling the promises we made when we brought plans for the site forward.” Tesco Swaffham Express store manager Ashley Stolworthy said: “We are delighted that the fit-out of our new Swaffham Express store has started and we look forward to opening in the coming weeks. As well as serving customers with a wide variety of food, drink and bakery options, the store will also have on-site parking and an ATM. “We are also committed to supporting the local community through the Tesco Community Food Connection scheme, which redistributes surplus food to charities and community groups from every Tesco store at the end of each day.” The new shopping centre is being constructed by Warwick Burt Construction Ltd. of Northampton. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Railpen secures regional first in new retail and leisure lettings for Multistory, Birmingham

Railpen secures regional first in new retail and leisure lettings for Multistory, Birmingham

Railpen, manager of the £34bn railways pension scheme in the UK, has signed two brands at Multistory, its 295,000 sq ft (NIA) office building in Birmingham. This follows the completion of phase one last year, which comprised the creation of 27,000 sq ft of retail and leisure space on the ground floor, with now only one unit remaining to let. 92 Degrees Coffee, founded in Liverpool in 2014, is opening its first Birmingham location at Multistory in early February, a vibrant space that reflects its belief in quality, community, and experience. The new coffee shop will be open to the public and tenants, offering sit-in or takeaway coffee, alongside a dedicated kiosk within the new co‑working hub. It will be serving its signature Damn Fine Coffee, as well as its curated range of great products. That Day, the gym and wellness studio, has also signed at Multistory for 5,300 sq ft, delivering a state-of-the-art facility for occupier use, offering wellbeing workshops, fitness classes, therapy, and coaching. It is due to open in Q1 this year, adding to a collection of amenity uses designed to enhance productivity and wellbeing within Multistory’s workspaces, such as a library, a 15,000 sq ft indoor-outdoor bar and café area with a 2,000 sq ft terrace, an adjoining atrium, and a unique 80-seat auditorium. Emily Atkinson, Asset and Transaction Manager at Railpen, said: “Securing That Day Fitness and 92 Degrees Coffee is a strong endorsement of the direction we are taking with Multistory. These brands share our ambition to create places that establish a sense of community and connection between employees and their place of work. This is an approach we take across our entire office portfolio, selecting brands that will add real value for people working in and around our developments, but also ones that encourage staff retention, attraction, and productivity.” Jack Brewitt, CEO of 92 Degrees Coffee, said: “This opening is a special one for us. It’s not just our first franchise, but our first Birmingham store – a city that’s been on our radar for some time. Multistory felt like the perfect fit: a development that shares our values, with a strong sense of place, a diverse community, and a real vision for the future. We’re proud to partner with Ketch&Co to bring #DamnFineCoffee™️ to the heart of Birmingham and to keep building connections that matter.” Multistory is a grade A standard office building in the heart of Birmingham, boasting the city’s largest single floorplate at 41,000 sq ft, which is now available to let. A three-minute walk from Snow Hill train station, five minutes from Birmingham New Street, and five minutes from the proposed HS2 station, Multistory plays a key role in supporting Birmingham’s continued regeneration and wider UK growth by offering flexible, future-focused space designed around people and place. As well as targeting BREEAM Outstanding, WiredScored Platinum, EPC B and a Fitwell two-star rating, Multistory has parking for over 280 bikes with shower and changing facilities, 92 car parking spaces, and ten EV charging points. Multistory is just one of Railpen’s developments across its office portfolio in the UK, which have all been designed and developed to create high-quality, sustainable, and amenity-rich workspaces that appeal to modern occupiers and their employees. The portfolio also includes Mill Yard and Botanic Place in Cambridge, both of which are currently under construction, alongside several in London, such as Red Lion Square, 125 Wood Street, 101 Bayham, Jamestown Courtyard, 4 Coleman Street, and 12 Smithfield. CBRE and Creative Retail are the retail and leisure leasing agents on Multistory, CBRE and Avison Young lead on the office leasing, with V7 Asset Management advising. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Lidl Accelerates UK Expansion with 19 New Stores and £43m Estate Investment

Lidl Accelerates UK Expansion with 19 New Stores and £43m Estate Investment

Lidl is pressing ahead with a rapid phase of UK expansion, announcing plans to open 19 new stores over the next eight weeks while simultaneously committing £43m to upgrade more than 70 existing locations across its estate. The store openings, which equate to a new Lidl site launching almost every other day, will see the discount retailer extend its footprint into new communities, including towns such as Calne in Wiltshire and Brough in Yorkshire. The programme forms part of Lidl’s wider strategy to strengthen its national presence through a combination of new-build developments and targeted investment in existing assets. Alongside the new stores, Lidl is undertaking a significant modernisation drive across its established portfolio. The £43m investment will focus on improving customer flow and in-store efficiency, with upgrades including new till systems, expanded freezer capacity and revised layouts designed to accommodate growing demand for frozen and chilled products. Sustainability remains a central element of Lidl’s development strategy. The refurbishment programme will incorporate energy-saving measures such as chillers that use natural refrigerants and intelligent lighting systems that automatically reduce electricity consumption. These upgrades align with the retailer’s longer-term ambition to lower operational emissions while delivering more efficient buildings across its UK estate. Richard Taylor, chief real estate officer at Lidl GB, said the latest round of investment reflects the company’s intent to begin the year with momentum. He said the expansion would not only improve the shopping experience for customers but also deliver tangible benefits for the communities in which Lidl operates. The programme also represents a notable pipeline of construction activity, supporting contractors, consultants and local supply chains involved in both new-build delivery and refurbishment works. With food retail continuing to demonstrate resilience amid wider market uncertainty, Lidl’s accelerated rollout highlights the ongoing demand for modern, energy-efficient retail space in the UK. As competition among supermarkets intensifies, Lidl’s focus on rapid delivery, cost-effective construction and sustainable design positions the retailer to capture further market share while reinforcing its long-term commitment to investing in the UK built environment. Building, Design & Construction Magazine | The Choice of Industry Professionals

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IKEA Selects The Boulevard Banbridge for First Northern Ireland Outlet as Scheme Enters New Growth Phase

IKEA Selects The Boulevard Banbridge for First Northern Ireland Outlet as Scheme Enters New Growth Phase

IKEA has chosen The Boulevard outlet shopping centre in Banbridge as the location for its first-ever outlet store in Northern Ireland, marking a significant milestone in the continued evolution of the retail-led scheme. The new 2,691 sq ft store forms part of a revised, smaller-format concept for the Swedish furniture retailer and will operate as a pop-up until spring 2026. The unit has been delivered as a flexible fit-out, offering planning services, a curated home furnishings range and a hub for online order collections, aligning with changing customer behaviour and omnichannel retail strategies. The opening follows a standout year for The Boulevard, which recorded double-digit growth in both sales and footfall. The performance underlines the strength of the scheme as a destination and highlights the importance of well-located, experience-led retail environments in the current market. Owned by Lotus Property, The Boulevard has benefited from ongoing investment in tenant mix, infrastructure and placemaking. Its strategic position close to the A1 corridor, linking Belfast and Dublin, has been a key factor in attracting national and international brands looking to test new store formats outside traditional city centres. Alastair Coulson, managing director at Lotus Property, said the scheme’s combination of strong footfall, accessibility and on-site management expertise made it an ideal environment for retailers trialling new concepts. The centre’s ability to deliver adaptable retail space quickly has also proved attractive, particularly for brands seeking lower-risk entry into new markets. The Boulevard, which opened in 2006, continues to build momentum through a mix of new lettings and phased enhancements. Recent arrivals include Northern Irish cosmetics brand BPerfect, alongside fashion names such as Vila and French Connection, both of which selected the scheme for market-first locations. The centre is also home to the only standalone Northern Irish stores for several global brands, reinforcing its regional importance. Beyond retail, the scheme is expanding its leisure and food and beverage offer as part of a broader strategy to create an all-day destination. A new Hollywood Bowl is due to open later this year, introducing a bowling alley, restaurant and family entertainment space, and supporting the growth of a night-time economy at the site. With a critical mass of retail, leisure and adjacent big-box operators already in place, The Boulevard is positioning itself as a long-term investment location capable of adapting to evolving occupier requirements. IKEA’s outlet debut is the latest endorsement of that strategy, signalling confidence in the scheme’s future as one of Northern Ireland’s most dynamic retail destinations. Building, Design & Construction Magazine | The Choice of Industry Professionals

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OVERGATE, DUNDEE; the year of a retail transformation

OVERGATE, DUNDEE; the year of a retail transformation

Ten new store lettings, including FRASERS, occupying a combined total of 88,063 sq. ft, plus five lease renewals totalling 12,634 sq. ft and three store refreshes, concluded 2025 on a position of strength Overgate, Dundee concluded 2025 as a transformative year for the centre, the city, and indeed the region. Since Frasers Group acquired Overgate in March 2023, a remarkable retail regeneration has been taking place across the 440,000 sq. ft centre which is located in the heart of Dundee, Scotland’s fourth largest city. Underpinning this has been an exciting and fast-paced tranche of leasing activity: ten new store openings occupying a combined total of 88,063 sq. ft, five lease renewals totalling 12,634 sq. ft, and three major store refreshes in the last year alone. As 2025 concluded, the early results from this scale of investment in Overgate by Frasers Group, in line with the Group’s Elevation Strategy, can be guided by sales and footfall. The percentage uplift in sales for 2025 was over 30%. Tenant occupancy is sitting at 90% as of December 2025. Commenting, Matt Elgey, Director, Sovereign Centros from CBRE says: “We are pleased to be entering 2026 on a positive note for Overgate. Ten new store openings, including FRASERS, occupying an impressive combined total of 88,063 sq. ft have been delivered in 2025. A further five lease renewals totalling 12,634 sq. ft, as well as three key store refreshes, concluded the year on a position of strength for the centre. “Since the acquisition of Overgate by Frasers Group in 2023 the momentum underpinning these improvements has been conducted at pace. Sovereign Centros from CBRE is proud to be delivering on the ambitious and exciting vision Frasers Group has set out for such an important Scottish asset as Overgate. These positive end of year results demonstrate the hard work Sovereign Centros has deployed in unlocking opportunities for Frasers Group across what was a very busy 12 months. Our focused commitment in securing new quality lease signings, as well as delivering a tranche of lease renewals, ensures Overgate is ready to embrace 2026 with a greatly expanded retailer offering and a stronger competitive advantage.” Anchoring 2025 was the opening of FRASERS in June – one of the largest shop fit-outs Dundee has ever seen, revitalising Overgate and creating over 80 new jobs. The 60,000 sq. ft FRASERS has brought a fresh vibrancy to the centre and an expertly curated selection of leading brands across sports, premium fashion and beauty. Spanning three floors, the FRASERS store also houses Sports Direct, USC, and GAME. Augmenting the dynamic new retail offering which FRASERS launched in June, the opening of an impressive new 5,000 sq. ft. FLANNELS store at the beginning of December 2025 – housing highly desirable luxury and contemporary brands – is enhancing the appeal of Overgate as an aspirational shopping hotspot. Earlier in 2025, in May and June, two of the most recognisable names in style arrived at Overgate: Clarks and Mango. Currently celebrating its 200th anniversary, iconic British heritage brand Clarks opened a new 2,160 sq. ft. store in May, with the brand’s distinctive footwear proving to be a popular addition to the centre. Swiftly following in June was the arrival of one of Europe’s leading fashion groups; Mango. Located within a prime site on the ground floor of Overgate, the store spans over 3,987 sq. ft and stocks exclusively Mango Woman. It is one of the first in Scotland to feature the group’s new Mediterranean-inspired concept, New Med. Far from the approaching year end being a time for retail operational pause and review, September and November 2025 saw a fresh charge of momentum with the opening of a further two new stores: Clintons and Nomination. Bringing a brand-new look and shopping experience, Clintons opened a 1,844 sq. ft store in September. In November, Nomination, the personalised jewellery brand which enjoys a huge cult following worldwide, opened a new 1,385 sq. ft store. Additionally, new openings in 2025 by Menkind, Bee Inspired, and Oud Studio have occupied a combined 3,948 sq. ft. Lease renewals are a particularly notable touchpoint in Overgate’s story of success with five renewals in 2025 including Ernest & Jones, Flying Tiger, and Fuel amongst others, occupying a combined total of 12,634 sq. ft. Elsewhere, investment by tenants both through store extensions and also refurbishments, is evident across Overgate. Superdrug, the UK’s leading health and beauty retailer, has increased its store footprint by over 35% from 7,125 sq. ft to 9,739 sq. ft, and introduced a range of new offerings including Beauty Studios, luxury fragrance counters, a nurse clinic, and an enhanced pharmacy. Likewise, Next has refurbished its store into a brighter environment with every area of the store given a fresh treatment. Holland & Barrett has radically transformed its store to reflect a slick aesthetic within which its expanded, high quality product range is now showcased, whilst Primark – a perennially popular anchor of Overgate – has introduced a new Click & Collect and a new Self Service as part of its refurbishment. Topping the year off for Overgate was two International Green Apple Environment Award wins. Presented by The Green Organisation – the non-profit organisation established 30 years ago to promote environmental stewardship worldwide – these two awards are in recognition of Overgate’s ongoing commitment to sustainability and excellence in environmental practice. A Highly Commended recognition as Security Team of the Year has also recently been accorded to Overgate by the SCEPTRE Awards. And in keeping with Overgate’s longstanding support of local charities and the communities they serve, the centre’s Christmas Toy Appeal 2025 on behalf of Help for Kids saw public contributions exceeding £10,000 in donations. Finally, the Overgate Santa’s Grotto remained free in 2025 and open to all, with over 1,500 books given away to children. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Developer-led expansion puts Greggs on track for 120 new stores in 2026

Developer-led expansion puts Greggs on track for 120 new stores in 2026

Developer-led estate expansion plans at Greggs are set to continue at pace, with the food-to-go operator targeting 120 net new store openings during 2026. The growth follows a busy 2025, during which Greggs opened 207 new shops, averaging almost four openings per week. That programme included 50 relocations and 36 closures, resulting in a net increase of 121 stores over the year. As of 27 December, the business operated a total of 2,739 outlets across the UK, made up of 2,137 company-managed stores and 602 franchised locations. Greggs said its expansion strategy remains focused on improving coverage in under-served catchments while relocating existing shops from constrained sites to better-positioned locations that can support higher footfall and longer-term growth. The store rollout is supported by continued investment in supply chain capacity, which is expected to come on stream during 2026. Greggs said these upgrades are key to unlocking further expansion while maintaining operational efficiency across its growing estate. The update comes alongside the release of the company’s fourth-quarter trading figures for 2025, which showed sales growth of 7.4% over the period. For the full year, total sales reached £2.151bn, representing an increase of 6.8% compared with 2024. Chief executive Roisin Currie said the business made solid progress during a challenging trading environment, noting that subdued consumer confidence continued to affect the wider food-to-go market. She added that Greggs had outperformed the sector and increased its share of customer visits. Looking ahead, Currie said the company enters 2026 with a strong pipeline of new opportunities that will make Greggs even more convenient for customers. She highlighted continued focus on efficiency and value, particularly for consumers managing household budgets, as a core driver of the brand’s ongoing expansion. With estate growth and infrastructure investment moving forward in tandem, Greggs is positioning itself for another year of sustained rollout across the UK. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Aldi Ramps Up Expansion with Five Store Openings in Just 24 Hours

Aldi Ramps Up Expansion with Five Store Openings in Just 24 Hours

Aldi has marked a major milestone in its ongoing UK growth push after opening five new stores within the space of 24 hours across 11 and 12 December. The new branches are located in Uxbridge, Northallerton, Pershore, Old Kent Road in London, and Yate in Bristol, significantly increasing the retailer’s reach in the run-up to Christmas. The openings form part of Aldi’s long-term ambition to operate 1,500 UK stores, up from its current total of around 1,070. The supermarket has outlined a substantial investment plan to support this expansion, including £650 million allocated for store launches and refurbishments in 2025, and a further £1.6 billion committed over the following two years. Jon Neale, real estate managing director at Aldi UK, said the rapid series of openings highlights both the retailer’s momentum and the strong demand from customers for more local access to its offer. He added that launching five stores in the days leading up to Christmas will provide a timely boost to shoppers in each of the newly served areas. Neale emphasised that Aldi remains focused on expanding in locations where it can make the greatest positive impact, supported by teams that deliver its value-focused approach. He said the retailer is moving at pace to bring its combination of low prices and high-quality products to more communities across the country. With the latest openings completed, Aldi’s expansion drive shows no sign of slowing as it continues to target new sites and broaden its national footprint heading into 2025 and beyond. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Railpen Secures Secretary of State Approval for £1bn Cambridge Beehive Innovation Park

Railpen Secures Secretary of State Approval for £1bn Cambridge Beehive Innovation Park

Railpen has received a major boost for its ambition to transform the Beehive site in Cambridge, after the Secretary of State for Housing, Communities and Local Government, the Rt Hon Steve Reed OBE, approved its plans for a 1 million sq ft mixed-use, lab-led innovation district. Currently operating as a retail park, the Beehive site will be reimagined as a world-class research and technology hub. Railpen’s proposals include flexible workspace for science and technology companies, high-specification laboratories, a new community park, a youth and community hub, a science centre, and around 20 new shops, cafés and restaurants. The scheme places strong emphasis on accessibility and sustainability, supported by significant public transport upgrades designed to remove more than 10,000 car journeys from local roads. Railpen has said the development will deliver substantial economic benefits to Cambridge and the wider region, including a projected £600m uplift in gross value added, increased tax revenues, and expanded employment opportunities. The decision also enables improvements to the neighbouring Cambridge Retail Park, where Railpen has already begun a programme of upgrades intended to enhance the experience for retailers and visitors. The first phase has recently completed with the opening of a new Starbucks. Andy Bord, chief executive officer of Railpen, welcomed the Secretary of State’s decision, describing it as a recognition of the merits and appropriateness of the Beehive proposals. He noted that the approval represents a major milestone for the Oxford-Cambridge Growth Corridor and reflects sustained international confidence in the UK’s business environment. Bord said Railpen remains committed to delivering its Innovation Cluster vision in Cambridge and will continue to work closely with local partners to ensure the scheme contributes meaningfully to the city’s long-term economic and social prosperity. The Beehive development forms part of Railpen’s wider Innovation Cluster in Cambridge, a portfolio of 11 assets totalling 1.9 million sq ft and designed to meet evolving occupier demands across life sciences, technology and research sectors. Other assets in the cluster include the recently consented 230 Newmarket Road; Mill Yard, a 180,000 sq ft mixed-use campus completing in Q1 2027; Botanic Place, a 325,000 sq ft headquarters development due in Q1 2028; and Railpen’s proposed 112,000 sq ft Grade A office building. With central government backing now secured, Railpen’s Beehive scheme is set to play a significant role in shaping the next phase of Cambridge’s innovation landscape. Building, Design & Construction Magazine | The Choice of Industry Professionals

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KPF-Designed Redevelopment of Former BHS and UAL Site Wins Approval from Westminster Council

KPF-Designed Redevelopment of Former BHS and UAL Site Wins Approval from Westminster Council

Plans to transform the former BHS store and University of the Arts London College of Fashion site on Oxford Street have been unanimously approved by Westminster City Council, paving the way for a major mixed-use scheme in the heart of the West End. Located at 33 Cavendish Square, the redevelopment will deliver around 800,000 sq ft of high-quality office space, 102,000 sq ft of retail floorspace, and 38,000 sq ft dedicated to cultural and creative uses. The cultural offering will include an auditorium and flexible event areas intended to support exhibitions, launches, performances and a wide range of public-facing activities. The new office accommodation aims to set a benchmark for modern workplace design, with the scheme targeting BREEAM ‘Excellent’. The entire development will operate on fully electric systems, align with net-zero carbon ambitions, and include more than 1,000 cycle parking spaces to promote sustainable travel. John Bushell, principal at KPF, said the team was delighted to secure planning approval for a project that captures the vibrancy and character of the West End. He noted that the design blends world-class retail with contemporary workspaces and cultural venues capable of hosting everything from major product launches to conferences. Bushell added that the scheme will reinforce Oxford Street’s global reputation while delivering lasting benefits to businesses, residents and visitors. Construction is expected to begin in 2029, with completion anticipated in 2033. Once delivered, the development will bring new life to a prominent Oxford Street block, replacing outdated structures with a landmark destination for commerce, creativity and culture. Building, Design & Construction Magazine | The Choice of Industry Professionals

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