Category Archives: Centrale

More trouble in store as House of Fraser is sold to Ashley

MT WALLETTE, our retailing correspondent, on the latest set-back for Croydon’s plans for a £1.4bn temple to shopping House of Fraser, the troubled department store, has this morning been snatched out of administration by Newcastle United owner Mike Ashley for … Continue reading

Posted in "Hammersfield", Allders, Business, Centrale, Croydon Central, House of Fraser, Sarah Jones MP, Whitgift Centre | Tagged , , , , , , , , , , , | 4 Comments

Council has contingency plan for ‘blighted’ Westfield scheme

The council is readying itself for a ‘hard Crexit’ over a £1.4bn town centre redevelopment, according to industry watchers. By WALTER CRONXITE There could be a further delay of two more years, to 2025, before the new Westfield shopping mall … Continue reading

Posted in "Hammersfield", Business, Centrale, Croydon Council, House of Fraser, Jo Negrini, John Burton, Whitgift Centre, Whitgift Foundation | Tagged , , , , , , | 13 Comments

Brent Cross takes a £1.4bn hit as Hammerson signals a go-slow

High Street closures and Brexit uncertainties mean that retail landlord Hammerson is getting cold feet over redevelopment schemes for its shopping centres around the capital. WALTER CRONXITE reports Hammerson has shelved its plans for the £1.4billion redevelopment of its Brent … Continue reading

Posted in "Hammersfield", Business, Centrale, CPO, House of Fraser, Whitgift Centre | Tagged , , , , , | 3 Comments

Financial Times predicts Hammerson will sell stake in Croydon

WALTER CRONXITE reports on how more boardroom manoeuvring is threatening the long-delayed redevelopment of the town centre There may be clear blue skies over Croydon during this long, hot summer, but there’s a dark cloud of uncertainty sitting right above … Continue reading

Posted in "Hammersfield", Business, Centrale, John Burton, Whitgift Centre | Tagged , , , , , , | 9 Comments

Council CPO report confirms 2023 target date for Westfield

M.T. WALLETTE, our retail correspondent, on how some of the Whitgift Centre’s tenants are insisting on being bought out through a Compulsory Purchase Order Last night’s council cabinet meeting confirmed that the £1.4billion redevelopment of the Whitgift Centre won’t be … Continue reading

Posted in "Hammersfield", Allders, Business, Centrale, CPO, Croydon Council, Jo Negrini, Planning, Tony Newman, Whitgift Centre, Whitgift Foundation | Tagged , , , , , , , , | Leave a comment

Centrale’s House of Fraser saved – for now – from closure

M.T. WALLETTE, our retailing correspondent, on the latest piece of almost good news for Croydon town centre, as the chairman of one department store talks of the ‘existential threat’ to business on the High Street Croydon’s House of Fraser, the … Continue reading

Posted in "Hammersfield", Business, Centrale, House of Fraser, Whitgift Centre | Tagged , , , , , , | 7 Comments

Three-year negotiation that gave Croydon a French connection

Croydon’s council, the Mayor of London, the borough’s MPs, residents and shoppers have all been kept waiting for progress on the town centre redevelopment because of a multi-billion-pound boardroom negotiation, according to the Paris businessman behind the deal, as our … Continue reading

Posted in "Hammersfield", Allders, Business, Centrale, Whitgift Centre | Tagged , , , , , , , | 5 Comments