Hermes Investment Management and AustralianSuper, co-owners of centre:mk, have announced plans for a £60m investment in the centre.
Over the next three years, the grade-two listed building will undergo a series of enhancements building on the success of the recently completed £10m Sunset Walk refurbishment. The next phase will see the development of new customer facilities on Deer Walk, including a customer service lounge, family facilities and WCs, and work will begin this spring on a new 1,400-space multi–storey car park adjoining John Lewis.
Centre director Kevin Duffy said: “centre:mk plays a significant role regionally as we provide a critical mass and diversity of offer unavailable elsewhere. The investment in the malls, wayfinding, facilities and customer service will collectively allow us to build upon the place making we have created and further improve the space. These plans ensure centre:mk is always relevant for the consumer and retailers and will create a refreshing, exciting and modern look and feel within the iconic destination.”