Hermes Investment Management has revealed £60m refurbishment plans for the centre: MK retail centre in Milton Keynes.
The Grade II listed building has already undergone a £10m refurbishment of Sunset Walk, with the next phase of investment now set to begin.
Ed Sellick, on behalf of centre:mk’s joint owners, Hermes Investment Management and AustralianSuper, said: “Our £60 million programme of investment is designed to enhance the experience for visitors, leading to increased sales for our retailers and restaurants.
“As the town of Milton Keynes enters its 50th year, at centre:mk, ‘Re-Imagining an Icon’ is seeking to re-equip the UK’s first listed shopping mall for the 21st century. It is about reflecting and paying homage to the building’s iconic status, whilst at the same time reappraising what happens inside and, finally, the role centre:mk plays in Milton Keynes.”
