Refurb coincides with £60m extension to Queensgate
John Lewis & Partners has announced details of a £21m investment and refurbishment of its 93,000 sq ft Peterborough shop in the Queensgate shopping centre, due to be completed by January 2020. The refurbishment includes an overhaul and reconfiguration of the entire shop with improvements being made to all departments alongside the addition of exciting new features.
The refurbishment forms part of the £60m extension of Queensgate. Set to be complete by Autumn 2021, the 77,000-sq ft extension will be anchored by a ten-screen Empire Cinema and will create 200 job opportunities, adding 10 per cent to the total number of people employed by Queensgate.
Queensgate is owned by Invesco Real Estate and managed by LendLease. Guy Thomas, head of retail at Lendlease, said: “The £60m extension, anchored by a ten-screen Empire Cinema, will sit alongside new restaurant brands and bring further opportunities whilst position Queensgate as a significant retail and leisure destination. The refurbishment works are just the initial phase of our plans. This is a very exciting time for Queensgate and the investment by retailers, such as John Lewis & Partners alongside new entrants to the scheme, signifies the strength of the regional catchment.”