Crown Estate begins work on the £135m extension to Fosse shopping park in Leicester
Contractors are clearing the way for development of the adjacent Castle Acres site with the demolition of the former Everards Brewery to make way for the new Fosse extension, creating space for nine additional shops and six more food outlets.
The Crown Estate announced it was purchasing Castle Acres through the Fosse Partnership in October 2017, with retailers including Next, Debenhams, TK Maxx and Clarks already signed up to take space in the new development. The extension, due to be completed in 2020, will further enhance what is already one of the UK’s most successful shopping parks, attracting 10 million visitors a year.
Michael Bell, senior asset manager at the Crown Estate, said: “This is the beginning of a really exciting journey for Fosse. The development of Castle Acres will create a fantastic new retail offer for our customers and further enhance Fosse’s position as one of the UK’s best loved retail destinations.”