Buttermarket Shopping Centre, Ipswich
Drum acquired the Buttermarket Centre in Ipswich in March 2015 in a 50:50 joint venture with Capital & Regional. Buttermarket is Ipswich’s largest covered shopping centre, which also includes a 420 space car park.
Planning permission for reconfiguring the centre was secured by the summer and construction began thereafter. A 12-screen Empire cinema will be at the heart of the £35 million redevelopment, which will also include a new 20,000 sq ft gym, to be operated by Pure Gym, and nine new restaurants to complement the centre’s retail offer. New Look will open a new flagship 14,000 sq ft unit fronting Buttermarket, and TK Maxx will relocate to a more prominent ground floor unit at the centre. Women’s fashion retailer Select have opened at the centre, occupying a 2500 sq ft unit, alongside Boots and health food brands Grape Tree and Holland & Barrett . There has been an extensive refurbishment of the centre’s interior as part of the redevelopment, and practical comletion is expected in July 2016. Please visit Buttermarket Centre here.