// Boxpark set to open 10 new sites over the next 5 years
// It appointed KPMG Corporate Finance to review investment proposals to expand nationwide & internationally
// The expansion includes 2 brand new concepts: BoxOffice and BoxHall
Boxpark has revealed it will open 10 new sites over the next five years after posting record revenues and footfall.
The retail park which is made of re-purposed shipping containers, appointed KPMG Corporate Finance to review investment proposals to expand the business nationwide and internationally, following recent interest from prospective partners.
Boxpark chief executive and founder, Roger Wade, announced the expansion plans, which includes two brand new concepts: BoxOffice, a co-working space which will be incorporated into brand new Boxpark sites, and BoxHall, a new food hall concept.
The Boxpark and BoxOffice schemes will be around 50,000 to 150,000sq ft in size, while the BoxHall concepts will be around 10,000 to 20,000 sq ft.
Boxpark’s first development in Shoreditch launched in 2011, followed by Boxpark Croydon in 2016 and Boxpark Wembley in 2018, creating hundreds of jobs for local traders and the local communities.
The most recent development, and the largest site to-date – with 20,000sq ft of dedicated events space – Boxpark Wembley, is a joint venture between Boxpark and residential landowner Quintain.