by Natalie Vincent Thu 30 August 2018, 9:19 am
Property investor Capital & Regional's plans to extend The Mall in Walthamstow received formal consent from the council at the end of last month.
The proposals will see 500 homes, and 7,989sq m retail space added to the complex. The expansion work is set to start in 2020.
In addition, areas will be used to diversify retail offerings for the local community and provide a casual dining hub, with the homes built above the shopping centre.
This follows C&R's full 2016 refurbishment of The Mall that saw the addition of Lidl, first Pret and The Gym.
In addition, Transport for London (TfL) will make upgrades to Walthamstow Central station including a new second entrance within The Mall's new extension, while creating a new town square, children's play area, landscaped park gardens and family facilities.
Lawrence Hutchings, chief executive at Capital & Regional, said: "This will be transformational for Walthamstow and underlines our position at the heart of the community, both in terms of how we are supporting the improvement of the wider public realm and amenities, including TfL's plans for the underground station, but also how we are able to provide relevant goods and services for the people we serve."
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