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Anchors away at Battersea

BCSC 2013: Battersea Power Station’s retail offer will not have a traditional anchor store.


Alistair Shaw, chief development officer for Battersea Power Station Development Company, told an audience at BCSC today: “I would love Battersea not to be anchored in a traditional way. We have moved on. It should be small perfectly formed anchors; four or five new international small anchors.”


The first stores will open at the development a year before the Northern Line extension is completed, said Shaw.


Cushman & Wakefield and CWM were confirmed as retail agents on the scheme today. But Shaw said the advisers would not be talking to retailers before next March. “The agents will be working on strategy,” he said.


Speaking on the same panel, Westfield director of development John Burton said the Australian developer and Hammerson, its joint venture partner on the redevelopment of Croydon’s Whitgift Centre, would submit proposals for planning next month.


He added that while discussions would continue on a name for the scheme, the two parties had not ruled out using Whitgift.


Also on the panel, chaired by EG editor Damian Wild, Alison Nimmo, chief executive of The Crown Estate, discussed the £1bn refurbishment of Regent Street, and Land Securities retail director, David Atcherley-Symes revealed more plans for Victoria.


noella.pio.kivlehan@estatesgazette.com


 

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