£1bn Croydon Shopping Centre Start Pushed Back to 2017
Posted on: 22/02/2016

Developers Hammerson have pushed back its £1bn retail-led construction start for the regeneration of Croydon’s Whitgift shopping centre to next year. The specialist shopping centre developer said delays in planning and ongoing discussions with tenants meant the Croydon scheme would now start construction in 2017 rather than this year.

Westfield and Hammerson unveiled proposals 2 years ago to jointly redevelop the Whitgfit and Centrale shopping centres, but this is the second time that the joint firms have pushed the scheme back a year.

“Given the extended planning process and discussions with a number of potential anchor tenants, the scheme timetable has been revised,” confirmed Hammerson this morning.

“Works are now expected to start in 2017 with potential completion in 2020/21.”

The planned mixed-use town scheme will include retail, leisure, and residential areas with the potential for hotels and offices. It is one of three major schemes Hammerson plans to start in 2017, with a combined construction cost of £1.4bn.

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