Description

Work is expected to start in the second half of 2013 on a major new retail destination at the heart of Bradford. The 550,000 sq ft Development will be anchored by Marks & Spencer, Debenhams and Next and will transform the cities retail and leisure offer with a mix of more than 70 fashion, food and lifestyle brands



Bradford is a vibrant city with ambitious development plans and boasts the 3rd largest economy in the Yorkshire and Humber region, contributing £8.3 billion per annum to the UK economy with a population of 522,000, predicted to be the 5th fastest growing city in the UK outside of the capital



With Bradford already home to a number of corporate headquarters including Morrisons, Yorkshire Building Society and Hallmark Cards, the City of Bradford Metropolitan District Council has committed to building on this solid foundation by launching the £35m City Centre Growth Zone initiative offering the following potential benefits to retailers at the Broadway development



* Super-Fast Broadband and City Centre Wi-Fi

* Access to an employment and skills support programme

* Business Rates rebates subject to qualifying criteria based on job creation

* For more information visit www.investinbradford.com



DEVELOPMENT MILESTONES



OCTOBER 2011

Detailed Planning consent approved for:



* 550,000 sq ft retail

* 70+ retail units

* New public spaces, restaurants and cafes

* 1300 car spaces



NOVEMBER 2011

Debenhams signs to become the first anchor tenant



JULY 2012

Marks & Spencer signs as second anchor store completing the Department Store line up



“We are pleased to officially sign up to the Broadway development. Marks & Spencer is a key anchor store for Westfield’s shopping centres in the UK and we are confident that Westfield will deliver another outstanding shopping centre for Bradford.”

Clem Constantine, Head of Property at Marks & Spencer



AUGUST 2012

Next announces commitment to open a 32,000 sq ft second store in Bradford



“The Next store in the Broadway development will be our second but much larger store in the city, which demonstrates the confidence we have in the city and the scheme.”

Andrew Varley, Head of Property at Next



SEPTEMBER 2012

Debenhams commits to an additional third sales floor, increasing the overall store size to 106,000 sq ft



“Bradford is a key part of our expansion plans in Yorkshire and the larger store will offer the community a more compelling reason to shop locally.”

Rob Hadfield, Property Director of Debenhams



OCTOBER 2012

Meyer Bergman announces investment to forward-purchase the development, with Westfield committed to design, construct, lease and manage the centre on completion



“Bradford’s city centre has been without an adequate retail offer for over 20 years, so we are excited to be able to deliver, alongside Westfield and our co-investment partners, a prime shopping centre right in the heart of the city that will completely transform its retail offering. We are confident that The Broadway centre will continue the rejuvenation of the city’s civic centre and provide a tangible stimulus to the local economy and jobs market.”

George Walsh Waring, Meyer Bergman



NOVEMBER 2012

Bradford City Centre Growth Zone is launched, offering the opportunity for retailers opening in the centre to benefit from support and financial incentives



FEBRUARY 2013

Planning approval secured for Debenhams to create an additional sales level offering shoppers an extensive product range



MARCH 2013

A new flagship Next store at 32,000 sq ft and Phones 4u at 1,300 sq ft sign to the Broadway development