Tuesday, 17 March 2015
Intu unveils plans for retail development at intu Milton Keynes (UK)
Plans to remodel and transform parts of intu Milton Keynes have been unveiled. Proposals from intu, the leading owner and manager of prime regional shopping centers in the UK, for the prime 430,000 ft² (39,948 m²) shopping center will, according to the company, see one of the most significant retail and leisure developments Central Milton Keynes has seen in over a decade.
Work focuses on remodelling the centrally connected, Midsummer Boulevard area, giving customers plenty of reasons to visit more often and stay for longer. A new dining quarter, over two levels, will deliver a choice of places to eat in a relaxed and comfortable environment. A five-screen boutique cinema will provide an alternative cinema experience with luxurious seating and high quality food offer.
Martin Breeden, regional director of intu, said: “The mission here is twofold: to create prime, well configured retail and catering space and also high quality public spaces. intu Milton Keynes is the busiest part of the city center with the strongest retail mix and now we are looking forward to making the most of the Boulevard area.”
intu Milton Keynes, which has a 16 m annual footfall, is anchored by Debenhams with a range of top names including Apple, Hollister, H&M, Hugo Boss, Superdry and Zara. The centre has a 1.6m catchment; 72% of customers are ABC1, and the centre’s ACORN profile highlights its affluent shoppers.
The proposed work at intu Milton Keynes is part of a £1.3 bln (€1.8 bln) development pipeline in the UK over the next 10 years by intu. Last month, intu revealed proposals for the redevelopment of Nottingham’s intu Broadmarsh. And construction work is well advanced on the restaurant and leisure extension at intu Potteries in Stoke-on-Trent, due to open in autumn 2015.