The Crown Estate signs four at Fosse Park development
Nando’s, Greggs, KFC and EE have confirmed they are taking units at Food Central, the new dining space at Fosse Park, Leicester. Combined with the Fosse Park West extension, Fosse Park will see up to 140,000 sq ft of additional retail and restaurant space in 13 food units and four retail units.
Next, Clarks and TK Maxx are already committed and the scheme more than 45% pre-let. However, following the approval of its CVA, Debenhams has confirmed that it will not be progressing with its new store.
The evolution of and the investment for the redevelopment of the Food Court, now valued at £168m, includes a £5m placemaking and public realm investment in the existing centre. This will deliver new communal areas and event spaces, complemented by improved landscaping, widened walkways and enhanced accessibility.
Mike Bell, senior asset manager at the Crown Estate, said: ““Following the news that Debenhams will not be taking a store at Fosse Park, we have been actively working with the local authorities on our future plans and engaging with the market to explore exciting new brands for the space when it opens in 2020. We look forward to providing further updates in due course as we create a brilliant place for visitors, shoppers and the local community to enjoy.”