Westfield and Hammerson’s £1bn redevelopment of Croydon’s retail centre has been given the go ahead by Croydon Council.
At a meeting of the Strategic Planning Committee, last night (November 25) the committee approved plans to transform the Whitgift centre into a 1.5 million sq ft retail and leisure hub, new car parking facilities and up to 600 residential units.
Following the council’s decision the application must now be considered by the Mayor of London on Wednesday (November 27) and, if approved, the scheme will then be referred to the secretary of state for Communities and Local Government.
Director of development John Burton at Westfield, which owns the Stratford City and Westfield London shopping centres, said: “We believe that our proposed £1bn investment into the transformation of Croydon’s shopping and leisure offer has the potential to act as a major catalyst for the wider physical and social regeneration of the town. The support we received from the council this evening further strengthens that belief.”
Hammerson chief investment officer Peter Cole added: “Our scheme will re-establish Croydon as the retail destination of south London, which will attract further investment and development. Our goal is to deliver a world-class retail and leisure destination to attract new visitors to the town and ensure Croydon regains its status as a thriving town centre.”
The scheme will also provide more than £30m towards local transport improvements and employment and training benefits. The employment initiatives will be aimed at ensuring Croydon’s local population, and particularly its youth, are able to benefit from the new job opportunities the development will provide.
Cllr Mike Fisher, leader of Croydon Council, added: “Last night’s resolution to approve Westfield and Hammerson’s planning application is a very important day for Croydon. We are committed to ensuring that the town’s regeneration projects provide a lasting positive impact for Croydon and future generations.”