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Westfield Croydon gets the nod

Croydon Westfield BIG

Proposals by Hammerson and Westfield for a £1bn regeneration of Croydon town centre have been recommended for approval.

The jv’s retail-led overhaul of the has been recommended for approval ahead of a 25 November planning committee meeting.

Wider proposals include as many as 600 new homes and leisure facilities. In January, Hammerson and Westfield agreed to drop plans for rival schemes and create a jv to deliver a ?major retail destination.

Westfield bought ?a 50% interest in the £115m from Hammerson, with?the jv also buying a 25% stake in the ?Whitgift centre.

annabel.dixon@estatesgazette.com

 

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