Ealing shopping centre development begins
by James Renoux-Wood Wed 30 October 2013, 9:15 am
Equity firm Benson Elliot has begun work on its £6 million retail development at the Arcadia Shopping Centre in Ealing.
Ealing Council granted planning permission in June for the project, which will see 25 small shops turned into three large stores over 100, 000sq ft, property website CoStar reported.
TK Maxx, McDonald’s and Morrisons will open stores at the site.
Peter Cornforth, director of retail at Benson Elliot, told CoStar: "The start of building work on this critical site is a great step forward for Ealing town centre. Almost 100,000 sq ft of quality retail space, three big high street names and more than £6 million spent transforming a tired building; this is priceless news for Ealing Broadway.
"With construction starting now, 1-8 The Broadway will be open and trading by late Autumn 2014. Christmas will be coming early for Ealing next year."
The project is due for completion in summer 2014.