Page 52 - #198 April 2025

Once described as the ‘Piccadilly of quality and experience. With 186,000sq ft from Holborn station. The units vary in size, 3
the South’, Elephant and Castle will soon of sustainable human-centred workspace, from 485sq ft to 2,357sq ft, for a mix of food
WORLD CLASS RETAIL - SPOTLIGHT ON UK AND IRELAND
be home to a diverse new town centre a five-star international hotel, world- and beverage and retail occupiers. The first
incorporating housing, restaurants, shops, class dining and a vibrant public square, St six venues are scheduled to open in summer
a university, workspace, leisure and cultural Michael’s will capture the pioneering spirit of 2025, providing a much needed high quality
facilities, transport infrastructure and acres our remarkable city. Whilst the first phase is dining experience for Holborn’s 70,000 daily
of new public realm. The Elephant and opening in stages, the second phase of the visitors. Sicilian Avenue has undergone a
Castle Town Centre team has always scheme’s evolution will launch in 2027 and complete restoration to become the social
worked closely with the local community bring the new five-star hotel, complete with heart of the Bloomsbury Quarter reforming
and we welcome the support we have ultra-luxe spa, dining and leisure facilities – the historical, pedestrian avenue into
received from residents, traders and visitors plus an exciting option to call St Michael’s Bloomsbury’s most sought-after shopping
to the area. Being developed by Lendlease, home. The St Michael’s project is the shared and dining destination. The development
the first phase has already completed dream of Relentless Developments, KKR is part of a larger mixed-use scheme which
at Elephant Central, where you’ll find a and Salboy. Together, they will deliver a also includes 70,000sq ft of modern office
vibrant offer of shops, bars and restaurants thriving business district for Manchester, space above the commercial units, which is
including the independent retailers in Castle offering the best office space in a sustainable being delivered by development manager
Square. The second phase commenced building, that will support the health and Alchemy Asset Management and main
with the demolition of the existing shopping wellbeing of its occupiers both now and into contractor StructureTone.
centre site in October 2020 and construction the future. 1. Elephant & Developer Cadogan have announced
on site is now taking place, targeted to Real estate investment firm Tristan Capital Castle, the first retail tenants at The Gaumont, a
London, UK
complete in 2026. Partners has announced the availability of Developer: landmark £235M development and the
Lendlease
St Michael’s is an exciting new landmark 12 commercial units on Sicilian Avenue, an 2. The Gaumont, creation of its ‘creative quarter’. The new
development at the heart of Manchester’s iconic, Grade-II listed pedestrianised street Kings Road, retail signings are independent businesses
London, UK
city centre that will set a new standard in found in the heart of Bloomsbury, 90 seconds Developer: New Forms, BookBar and Art Play, bringing
Cadogan
an exciting blend of art, music and literature
1 to the King’s Road, enhancing the area’s
cultural vibrancy and continued legacy as a
hub for creative innovation. All are set to
open in late spring 2025. This marks the
first phase of openings for The Gaumont, a
220,000sq ft mixed-use building, delivering
Cadogan’s long-term vision to create a
new commercial and cultural anchor for
the King’s Road. It features flagship retail, a 4
revitalised independent cinema, creative and
office spaces, hospitality venues including a
rooftop bar with panoramic views and pub 5
theatre and a significant public art installation
by internationally acclaimed artist Shezad
Dawood. A new destination is taking shape
as part of this development, focused on its
return elevation along Chelsea Manor Street.
Property company The Portman Estate
and developer Derwent London have
unveiled plans for the launch of Loxton
2 Walk, the West End’s latest retail and leisure
destination in the heart of Marylebone.
With public space, sustainable design and a
new retail offering, Loxton Walk will be an
entirely new and carefully curated street
for the area. Launching in 2025, Loxton
Walk will deliver 28,500sq ft of new retail
and leisure space across 17 ground floor
units, accessible via four new avenues
from George Street, Blandford Street,
Gloucester Place and Baker Street. The 3. Sicilian Avenue, Bloomsbury Quarter, London, UK
project will comprise a central open-air Developer: Alchemy Asset Management
4. Loxton Walk, Marylebone, London, UK
courtyard designed to create a lively, vibrant Developer: Derwent London
new destination for residents, workers and 5. St. Michaels, Manchester, UK
Developers: Relentless Developments, KKR & Salboy
visitors to Marylebone. Providing a unique
opportunity for retailers and hospitality
businesses, Loxton Walk includes a
variety of spaces from kiosk retail units
through to spaces for flagship restaurants.

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