Significant Milton Keynes Development Given Go-Ahead

Posted on 5 September, 2015 by Chris Grigorovsky

The highly anticipated redevelopment plans for intu Milton Keynes have been granted, which will create a strong economic boost for the area going forward.

Significant Milton Keynes Development Given Go-Ahead

Deemed one of the most significant retail and leisure developments in Central Milton Keynes in over a decade, the scheme, designed by 3DReid, will deliver a new dining quarter spread over two levels, a five-screen boutique cinema and an extra 100,000 sq ft of space.

Intu submitted the planning application back in May 2014. Milton Keynes council gave the proposals the green light on 3rd September 2015.

Regional Director of intu, Martin Breeden, commented: “We’re delighted that our proposals have been approved. intu Milton Keynes is already the premium fashion pitch in the city and these plans will strengthen its position, creating a contemporary destination for our customers to shop, eat, relax and socialise.”

“We’ve had some good interest in the scheme as brands recognise the opportunity that Milton Keynes provides.”

The 430,000 sq ft shopping centre has 16 million visitors a year and comprises top retail brands such as Apple, H&M, Hugo Boss, Superdry, Zara and Debenhams.

These proposals fall in line with ambition of Central Milton Keynes to continue growing the local Neighbourhood Development Plan, which calls for an expansion and diversification of the retail offering in the city centre, with a great mixture of dining and leisure in the evening.

The proposed work for intu Milton Keynes forms part of the £1.5bn development pipeline by intu, which is to be implemented over the next 10 years.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recent Posts

The best places to stay on the Riviera

The latest property data has identified Newquay as the fastest property seller’s market in the UK

Investing in your garden can increase your property’s value

French Riviera temping high-end homebuyers

How can the ownership rights of my commercial property impact a business sale?

Should I incorporate virtual property viewings permanently?

Investment expected to increase across Asia-Pacific in 2021

UK property industry slows as the conclusion of tax break looms

BNP Paribas cautioned investors on Friday as debt-trading bonanza that increased its earnings this past year

Over 300,000 property purchases fell through in 2020 – we show the most frequent motives and the best way to get your house sale back on track

House Prices in the Capital Surpass £500,000

Optimism from the Bank of England’s chief economist

The most expensive commercial properties.

Businesses operating from shared premises will miss out on grants

BA cuts 12,000 jobs, unions hit back

Media Streaming Service See Record Subscriptions