Westfield London (London)
United Kingdom /
England /
Richmond /
London
World
/ United Kingdom
/ England
/ Richmond
World / United Kingdom / England
store / shop, cinema, shopping mall, retailer
Westfield London is a shopping centre in Shepherd's Bush, the largest in London.
The centre has been developed by the Westfield Group at a cost of £1.6 billion (2.7 billion US dollars)
The site is part of the White City district, where several other large scale development projects are under way or in the planning stages. The initial site clearance demolished the last set of halls remaining from the 1908 Franco-British Exhibition.
Open for business as of 30 October 2008, the centre has a retail floor area of 150,000m² (1.615m ft²) has "taken the crown" of the largest shopping mall in Europe (within an urban area) from the Manchester Arndale. It is the third largest shopping centre in the UK behind MetroCentre and Bluewater.
The centre will feature around 270 stores, including House of Fraser, Marks & Spencer, Debenhams, Waitrose, Next and a Cinema de Lux multiplex cinema.
An unusual aspect of the development is a new "high end" retail area called The Village.
Besides boutique shops and well-known chain stores, the center boasts high-end names such as Gucci and Montblanc, clustered in The Village, and there are dozens of cafes and restaurants in a food court and along the Southern Terrace.
Amidst the seemingly unstoppable prosperity and gleeful spending of recent years, a massive commercial development in well-heeled west London, with stores like Tiffany & Co. and Louis Vuitton, looked like a safe bet, but Britain has plunged into a recession, the unemployment rate is the highest in more than a decade, and even some of the most venerable of retailers, such as Woolworths, are in serious finacial trouble.
The Australia-based Westfield Group, which also owns several malls in the Los Angeles area, including Century City, insists that it is here for the duration. Such huge complexes are long-term investments both for the developer and the department stores that anchor them, which often sign leases for 50 years, but for smaller stores, the typical one-year-free leasing incentive is more meaningful, now that Britain is bracing for a recession expected to last through most (if not all) of 2009.
Regardless of the economic uncertainties, Westfield executives say that they are pleased with the launch, which came in time for the all-important holiday shopping season.
By Christmas 2008, 99% of the retail space had been leased, and the mall averaged about half a million shoppers a week, according to the director of corporate affairs at Westfield's London office.
The centre has been developed by the Westfield Group at a cost of £1.6 billion (2.7 billion US dollars)
The site is part of the White City district, where several other large scale development projects are under way or in the planning stages. The initial site clearance demolished the last set of halls remaining from the 1908 Franco-British Exhibition.
Open for business as of 30 October 2008, the centre has a retail floor area of 150,000m² (1.615m ft²) has "taken the crown" of the largest shopping mall in Europe (within an urban area) from the Manchester Arndale. It is the third largest shopping centre in the UK behind MetroCentre and Bluewater.
The centre will feature around 270 stores, including House of Fraser, Marks & Spencer, Debenhams, Waitrose, Next and a Cinema de Lux multiplex cinema.
An unusual aspect of the development is a new "high end" retail area called The Village.
Besides boutique shops and well-known chain stores, the center boasts high-end names such as Gucci and Montblanc, clustered in The Village, and there are dozens of cafes and restaurants in a food court and along the Southern Terrace.
Amidst the seemingly unstoppable prosperity and gleeful spending of recent years, a massive commercial development in well-heeled west London, with stores like Tiffany & Co. and Louis Vuitton, looked like a safe bet, but Britain has plunged into a recession, the unemployment rate is the highest in more than a decade, and even some of the most venerable of retailers, such as Woolworths, are in serious finacial trouble.
The Australia-based Westfield Group, which also owns several malls in the Los Angeles area, including Century City, insists that it is here for the duration. Such huge complexes are long-term investments both for the developer and the department stores that anchor them, which often sign leases for 50 years, but for smaller stores, the typical one-year-free leasing incentive is more meaningful, now that Britain is bracing for a recession expected to last through most (if not all) of 2009.
Regardless of the economic uncertainties, Westfield executives say that they are pleased with the launch, which came in time for the all-important holiday shopping season.
By Christmas 2008, 99% of the retail space had been leased, and the mall averaged about half a million shoppers a week, according to the director of corporate affairs at Westfield's London office.
Wikipedia article: http://en.wikipedia.org/wiki/Westfield_London
Nearby cities:
Coordinates: 51°30'26"N -0°13'17"E
- Jewson 1 km
- Tesco 1 km
- Langani Superstore 1.2 km
- A J Ferguson & Co (Timber) 1.3 km
- Kings Mall Shopping Centre 1.6 km
- Boots 1.7 km
- Marks & Spencer HAMMERSMITH 1.7 km
- Eat 17 Hammersmith 1.9 km
- The Chocolate Society Offers Gourmet UK Chocolates 2.8 km
- Tesla Showroom 3.1 km
- Shepherd's Bush Green 0.4 km
- Great White City 0.8 km
- Shepherd's Bush 0.9 km
- London Borough of Hammersmith & Fulham 0.9 km
- West Kensington Park 0.9 km
- Brook Green 1.2 km
- Hammersmith & City Line Depot 1.2 km
- Ravenscourt Park 1.7 km
- Hammersmith 1.8 km
- Royal Borough of Kensington and Chelsea 2.4 km
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