Widget Image
Widget Image
Lorem ipsum dolor sit amet, consectetuer adipiscing elit, sed diam nonummy nibh euismod tincidunt ut laoreet dolore magna aliquam erat volutpat. Ut wisi enim

British Land, joint owner of UK shopping destination, Meadowhall, has completed its £60 million refurbishment of the centre.

The completion marks the end of a two-year programme, during which £40 million was invested in store upgrades by more than 70 brands, including existing and new additions to Meadowhall’s line-up.

This combined investment of £100 million has already made a positive impact on performance, with footfall on Black Friday up by 8 per cent, making it the busiest on record.

 

 

The prime Zone A rental tone has risen to over £400, reflecting very strong demand for space, with 30 new retailers signing in the last 18 months.

“The transformation we have achieved at Meadowhall is a great example of how we have listened to our customers and responded to their needs to create space that works for shoppers and enables retailers to thrive in an omni-channel world,” says Charles Maudsley, head of retail, leisure and residential for British Land.

“It also demonstrates the value we place in working in partnership with the community to deliver significant, long-lasting benefits to the Sheffield City Region.”

Claire Barber, head of Meadowhall for British Land, adds, “Meadowhall is a very different place as a result of our investment.

“It is lighter and brighter; the space is more modern and the offer is significantly enhanced so it is the first choice for shoppers across the region.

“Together with our longer term plans for the centre, Meadowhall has a great future as one of the leading retail and leisure destinations in the UK.”

Highlights of the refurbishment include the creation of four districts, each with a distinctive character and offer.

Columns and bulkheads have been reduced or removed creating lighter, brighter malls, with new glazing, improved lighting and new customer seating added.

Double height flagship formats have been introduced by brands, including All Saints and Hollister.

 

 

Meanwhile, new brands added include the first-ever physical store for online retailer Joe Browns, as well as Michael Kors, Flannels, Urban Decay, Skinny Dip, Tag Heuer, Diesel, Joules, Jack Wills, Neal’s Yard and Schuh Kids.

Redesigns by existing occupiers include House of Fraser, M&S, Timberland and Ted Baker.

Through the transformation, British Land has also delivered a range of benefits for the Sheffield City Region.

Over 1,200 jobs were created to deliver the refurbishment, with 35 per cent of the workforce living in Sheffield and 41 per cent overall from the Sheffield City Region.

Almost 50 per cent of the £60 million spend has been awarded to SMEs.

Seventy per cent of the project spend was made within 25 miles of Meadowhall, with 55 per cent being spent in the Sheffield City Region.

The refurbishment of Meadowhall will be followed by the development of a Leisure Hall, which was granted planning consent in a unanimous vote by Sheffield City Council’s planning committee in September.

The £300 million extension will add 330,000 sq ft of new catering and leisure to Meadowhall, as well as enhanced public realm and other amenities.

 

 


 

Post a comment