Property type: Shopping Centres
In February 2015, the Westgate Oxford Alliance, a joint venture between Land Securities and The Crown Estate, confirmed it was proceeding with the redevelopment of the Westgate centre, Oxford. The new 800,000 sq retail and leisure scheme is due for completion in autumn 2017 and will include over 100 new stores, 25 restaurants and cafes, a boutique cinema, roof top terrace dining and a wealth of new public spaces.
In February 2016 the Westgate Oxford Alliance acquired the Castle Quarter, Oxford. The city centre site is made up of a Malmaison hotel in the former Oxford Prison, an exciting hub of restaurants and bars, and 40 modern apartments. It is in close proximity to the Westgate centre development.
Development Costs (Total)£209m
Retail Area803,000 sq ft
Other Area37,000 sq ft
Total Area840,000 sq ft
Data as at 30 Sept 2016