Oxford Street’s evolution continues at pace, with coverage of the increased demand, new openings and benefits of the landmark £90 million Oxford Street Programme covered by the likes of The Times, Estates Gazette and Retail Week.
Bond Street, too, has seen its own share of exciting developments in recent weeks. Blackstone has now completed its acquisition of 130 – 134 New Bond Street, signalling the resilience of prime retail assets. Elsewhere on the street, Lazari’s plans to retrofit the former Fenwick’s building were approved by Westminster City Council, who praised the developer’s recognition of the department store’s heritage.
Development and continued investment in the West End is essential if we are to safeguard its reputation as a flagship retail, leisure and hospitality destination. With that in mind, we have responded to Westminster City Council’s City Plan Partial Review, endorsing the WPA’s assertions that the review does not support the creation of a consistently applicable retrofit policy. Should you wish to submit your own response to the City Plan Partial Review, you can do so here until 9 May.
Finally, I would like to congratulate Richard Lancaster on his appointment as New West End Company’s Head of Public Realm & Infrastructure, and Danny Sullivan on his appointment as Head of Destination Marketing. Both will be familiar faces to many of you, and we are delighted to have them join the team on a full-time, permanent basis.