The Grafton owner Legal & General Real Assets has announced an increase in its investment in the Centre by approximately £10 million, taking its total investment to £28 million. The additional money will go towards the two remaining phases of the project which involves the reconfiguration of the former BHS unit and the introduction of an exciting new food quarter.
The announcement comes as the scheme reached a key milestone this September, with Phase 1 completion. The Fitzroy Street entrance reopened, unveiling a striking double height glazed roof with feature lighting installed, which along with a new floor, has created a bright and spacious environment for visitors. This development saw the opening of Decathlon’s first store in Cambridge. This development saw the opening of Decathlon’s first store in Cambridge.
Elsewhere, Costa Coffee is relocating to Central Court; opening next year, it will almost double in size and will offer a new catering and seating area as part of Phase 2. The final phase will see the reconfiguration of the former BHS unit, an important aspect of the Centre’s transformation.
Legal and General Real Assets has recently agreed a lease with a fashion brand for the ground floor of the former BHS unit. A well-known gym operator has also submitted a planning application to occupy part of the unit. This, alongside the creation of a new food quarter, will enhance the Centre’s leisure offering and complement the 8-screen Vue Cinema.