Newcastle’s new TK Maxx gets ready for 28 February opening
Getting on for a year since the redevelopment of Monument Mall began, the first reconfigured store within the Hammerson-owned scheme is finally preparing to open its doors.
The development’s anchor retailer – the fashion and homewares chain TK Maxx – whose opening was originally slated for last November, will open its new 37,000 sq ft store at 9am on Thursday 28 February.
The TK Maxx signage went up at the beginning of February, and the former mall’s entrance onto Northumberland Street has been transformed into an impressive atrium access for the retailer, with escalators taking shoppers up to the store proper on the first and second floors.
Meanwhile, the long-established TK Maxx store in the basement of Monument Mall will close its doors the day before, finally freeing up that area and the Blackett Street entrance to be redeveloped in turn.
Though all the other shops within Monument Mall closed by last April, the Blackett Street doors and escalators have had to remain in use for as long as TK Maxx has continued to trade from the basement.
However, since the news of two excellent lettings – a 9,000 sq ft Jamie’s Italian and 6,000 sq ft Armani Exchange – was finally confirmed in November, several months after Hammerson unwittingly revealed the news on its own website, no further letting updates have been forthcoming.
As work continues to complete the nine new double-height, street-facing units along Blackett Street – which are likely to be finished by the summer – it looks like we’ll have to wait a bit longer to see whether Hammerson can pull in all the names it wants for its “aspirational retail pitch”.
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What was the rent agreed on the TK Maxx unit? What are current rents on Northumberland street?
Bose, victoria’s secret and hugo boss all confirmed for blackett street side.
Apparently so, at lesat according to the posters! Blog coming up later