John Lewis agrees refurbishment deal to anchor £1.4bn Brent Cross redev
The joint owners of Brent Cross, Hammerson and Aberdeen Standard Investments, have signed a new ’agreement for lease’ with John Lewis to redevelop its department store as part of the retail centre’s £1.4bn redevelopment.
It is the latest milestone since plans were submitted for the extension last year and the JV said it will “underpin” plans to transform Brent Cross by doubling the size of the existing centre to 2m sq ft of retail and leisure space. This will include up to 150 new retail stores and 50 new restaurants, an enhanced leisure and cinema offer, hotel accommodation and improved public spaces including a new town square.
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