Skechers to step foot in Queensgate shopping centre
Lendlease and Invesco Real Estate, the global real estate investment manager, have announced that Skechers, the global lifestyle and performance footwear brand, has signed for a brand-new store at Queensgate in Peterborough.
Located on the Upper Mall in the former River Island unit, the 2,611 sq ft store joins Skechers’ worldwide portfolio of franchised retailers and is due to open at the end of April. Designed by an in-house team, the new store will offer a selection of Skechers’ 3,000 styles for men, women and children. River Island upsized last year into a new 11,600 sq ft store alongside Joules in the former BHS.
This news coincides with the commencement of phase one works for the £60m extension of Queensgate. The initial works, carried out in partnership with John Lewis, are set to complete at the beginning of 2020 and the full extension by Autumn 2021. The extension, totalling 77,000sq ft, will be anchored by a 10-screen Empire cinema and create 200 job opportunities once complete, adding 10 per cent to the total number of people employed by Queensgate. John Lewis is investing in its store as part of the overall proposal to create a new and enhanced retail layout, showcasing its latest store design.
Guy Thomas, Head of Retail at Lendlease, commented on the signings and extension plans: “Skechers’ new store will join the growing footwear line-up at Queensgate, located opposite Office and JD Sports, and will join the brand-new gym, Energie Fitness. The next few years will be very exciting for Peterborough and Queensgate, with the new brands and extension significantly broadening Queensgate’s regional appeal.”
Skechers will join the new luxury crystal jewellery brand Swarovski, set to launch later this month, and Energie Fitness gym. The latter opened its doors in January, kickstarting the leisure offer with state-of-the-art Precor Cardio, resistance and free weight equipment, and innovative training zones featuring Energie’s exclusive ‘the YARD’ indoor group fitness classes.
CBRE and Time Retail Partners represented Queensgate. SHDH represented Swarovski.
NOTES TO EDITORS
Queensgate Shopping Centre was opened on March 9 1982 by Queen Beatrice of the Netherlands.
Located in the heart of Peterborough, it holds over 90 retail outlets that attract approximately 16 million people each year from local and regional areas.
Its anchor stores are John Lewis and Primark. Other retailers include Pandora, New Look, Smiggle, Joules, New Look, M&S, Superdry, Ernest Jones, Thomas Cook, Yankee Candle and new vegan restaurant When Polly Met Fergie. Following its refurbishment in 2015, the Westgate Arcade has increased occupancy, attracting a host of independent retailers and businesses to the scheme.
Queensgate Shopping Centre was bought by a fund managed by Invesco Real Estate and is managed by LendLease with JLL acting as property managers.