Monday 23rd July 2018

CBRE Global Investors has submitted a new planning application to redevelop part of Angel Central Shopping Centre, Islington. The application focuses on a £6million investment to transform the basement of Angel Central from the existing carpark into new retail and leisure space.

The proposals, which will go before Islington Borough Council's planning committee later this summer, have been designed to ensure Angel Central can deliver space to meet demand from a number of new brands and uses. If approved, the redevelopment of the basement will strengthen the centre's offer, helping to increase footfall to Angel town centre, whilst also creating almost 80 new jobs and boosting local business rates by £250,000 a year.

Commenting on the new application, Laura Wilson Brown, Head of Asset Management UK at CBRE Global Investors, said:

Angel Central is a key asset to the local community, providing a convenient retail and leisure destination. These plans will enhance the centre and the role it plays in Angel, increasing its appeal to residents and visitors."

 A decision on a previous planning application for more significant redevelopments of Angel Central was deferred last month by the planning committee. CBRE Global Investors and its development manager, Queensberry, are curently reviewing the decision and the implications on the design of the initial application. The new plans, which are largely internal works and do not affect the Angel Wings, have been submitted to ensure the centre can deliver the space required to retain occupier demand whilst the more holistic proposals are re-considered.