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Lexicon Bracknell shopping centre opening delayed to autumn 2017

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The re-opening of Bracknell's high street shopping precinct has been pushed back two seasons – from spring 2017 to autumn later that year.

The Bracknell Regeneration Partnership (BRP) – the group responsible for the £240 million regeneration of the Lexicon – said the reason for this was so they could revise their plans and upgrade materials and buildings.

However, despite the delay it has been confirmed that electricals giant Carphone Warehouse and clothing retailer Fat Face have signed on to open new stores at the Lexicon Bracknell.

A BRP spokesman said: "The opening has been rescheduled to coincide with the completion of the upgrading of some of the materials and buildings in the scheme, as well as the completion of new areas of public realm to ensure that the new scheme provides a totally new customer experience."

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At the time of print, 70 per cent of the Lexicon's 580,000 sq ft footprint was let by restaurants and retailers, including Marks & Spencers, River Island, Topshop, Primark and Footlocker.

Fenwick is another big name set to open in the Lexicon, making it the department store chain’s first all-new store in over a decade.

The BRP said it was currently in legal negotiations with other prospective retail tenants for the remaining 29,000 sq ft of space at the town centre.

The Lexicon Bracknell retail leasing manager Richard Poyser said that while there had been some uncertainty in the market following June’s EU referendum, interest in The Lexicon “remained strong”.

“[This is] demonstrated by the impressive line-up of lettings announced over the past month,” Poyser said.

“We’re excited to be able to deliver a superb town centre with great brands and attractions for Bracknell.”

The Lexicon Bracknell is expected to significantly change the landscape of Bracknell town centre once completed, more than doubling the current retail, dining and leisure offer.

It is also expected to attract visitors from all over Berkshire, as well as nearby London.

The Lexicon Bracknell’s opening date is September 7, 2017.

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Published on Wednesday 14 September by Elias Jahshan

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