Units are still available at East Shopping Centre, opening in October.
Europe’s first major indoor Asian shopping mall has announced plans to open in the heart of East London’s bustling shopping district, Green Street, in October 2014.
East Shopping Centre (ESC) is being developed on the site of a former bus depot and comprises 35 two-storey units, a 17-unit Souk – a smaller marketplace for retailers and local businesses – and a 220-capacity, six-unit food court.
Green Street is already well-known hub for jewellery retailers, especially those specialising in Asian bridal jewellery.
The new development has made a significant contribution to the regeneration of the Green Street area, and developers have taken measures to ensure the centre retains its original historical façade.
Eco-friendly features include solar panels to save on electricity usage; flow restrictors to help save water; and harvesters to recycle water throughout the mall – as well as carefully sourced materials for the entire development – in order to save costs for retailers.
This multi-million pound project is spearheaded by ACR Investments Ltd. A spokesperson for the company commented: “We couldn’t be more excited to be making history with East Shopping Centre, being the first development of its kind in Europe.
The borough of Newham is a wonderful district with so much potential and Green Street is already a major hub for people to shop for clothes, food, accessories and everything in between. Our aim is for East Shopping Centre to enhance the street’s appeal and expand on this vibrant shopping destination by attracting new consumers and businesses.”
East is building on the strong cultural heritage of Green Street, supported by local retailers and Newham council. The shopping centre will also have a positive impact on the local community through commerce opportunities and its generation of approximately 150-200 jobs.
Leading Asian designer fashion, jewellery and accessory brands have already expressed their interest in the new mall, according to an official press release. However, units are still available for interested parties.