Croydon Council announces Whitgift CPO
Tue 25th September 2018, 12:08 pm
The London Borough of Croydon has announced it will serve Compulsory Purchase Orders (CPOs) to purchase premises affected by the proposed £1.4 billion redevelopment of the Whitgift Centre.
The CPO will allow Croydon Partnership, the joint venture between Unibail-Rodamco-Westfield and Hammerson which is developing the project, to take possession of the sites during 2019. While the council is leading on the process, Croydon Partnership is responsible for fees and purchase costs.
Tony Newman, leader of the council, said: This is a big moment for Croydon and a key milestone for this project. As the CPO has now been implemented, developers can now start the process of submitting applications for the detailed design of the centre ahead of starting on-site and beginning demolition.
The Croydon Partnership’s plans will provide more than 300 shops, restaurants, cafes and leisure facilities, including a multi-screen cinema complex and around 1,000 new homes. It is anticipated the new development will create 7,000 new jobs in Croydon’s town centre and is part of Croydon’s wider development plans, which will see the delivery of more than 10,400 new homes.
The London Borough of Croydon will attend the next Sitematch London event on 7 February 2019. For more information, contact Jake Westhead on 020 7978 6840.