Ipswich leisure line-up takes shape
Published: 24 November, 2015
Capital & Regional and Drum Property Group unveil new leisure offer at Buttermarket
A new 12-screen Empire cinema will be at the heart of Capital & Regional and Drum Property Group’s redeveloped Buttermarket shopping centre in Ipswich.
The £35m redevelopment will also include a new 20,000-sq ft gym, to be operated by Pure Gym, and nine new restaurants to complement the centre’s retail offer. Pre marketing of the restaurant opportunity has been highly encouraging with four units under legal offer to nationally recognised family dining brands. Negotiations continue on the remaining units.
Capital & Regional and Drum Property Group also agreed a raft of deals to retain the centre’s premier retail brands, with New Look this week opening a new flagship 14,000-sq ft unit fronting Buttermarket, and TK Maxx due to relocate to a more prominent ground floor unit at the centre.
Women’s fashion retailer Select has opened at the centre, occupying a 2,500-sq ft unit, alongside Boots and health food brands Grape Tree and Holland & Barrett.
As part of the redevelopment, Capital & Regional and Drum Property Group have commenced an extensive refurbishment of the centre’s interior.
Capital & Regional CEO, Hugh Scott-Barrett, said: “We see this as a key milestone as we move to realise our vision for the centre. Town centres are changing and our ‘beyond retail’ strategy speaks to the need for a compelling leisure and food and beverage mix alongside a diverse retail offer.”