Westfield will build its third shopping centre in Croydon, bigger than the centres at both Shepherd's Bush and Stratford. Here's a computer animation of how it will look.
Developers working on the planned overhaul of Croydon centre say they believe it would act as a catalyst for wider regeneration and change. Tonight the council granted planning permission for the £1bn project. The application will now be considered by the Mayor of London on Wednesday.
– Peter Cole, Chief Investment Officer of Hammerson
“Our scheme willre-establish Croydon as the retail destination of South London which willattract further investment and development. Our goal is to deliver aworld-class retail and leisure destination to attract new visitors to the townand ensure Croydon regains its status as a thriving town centre. Tonight’s decision brings that vision one step closer to reality.”__
– John Burton, Director of Development of Westfield
"We believe that ourproposed £1bn investment into the transformation of Croydon’s shopping andleisure offer has the potential to act as a major catalyst for the widerphysical and social regeneration of the town. The support we received from theCouncil this evening further strengthens that belief.”__
– Council leader Mike Fisher
“These are very excitingtimes for Croydon. This application has brought together two major developersto revitalise Croydon’s town centre. We have been in detailed negotiations for manymonths to ensure we get the best result for the people of Croydon."
The £1bn plans for Croydon include:
- 5, 000 permanent jobs
- 300 shops
- 400-600 homes
- New restaurants
- Multi-screen cinema
- Bowling alley
Planners have granted permission for a new £1bn shopping centre in Croydon, in a move which developers say will provide vital regeneration to the retail centre.