The redevelopment of M&S’s Marble Arch store has been approved, ending years of delays.
- The new plan includes demolishing existing structures to create a mixed-use development.
- M&S’s new flagship will integrate retail, office space, and other amenities.
- This initiative aims to boost Oxford Street’s profile as a global shopping destination.
- The project promises to create 2,000 jobs and set a sustainability benchmark.
The Secretary of State for Housing, Communities, and Local Government has greenlit the redevelopment of the M&S Marble Arch store, concluding nearly four years of legal hurdles. This approval permits M&S to replace the current structures with a 10-story mixed-use complex, featuring not only a new flagship store but also office spaces.
This ambitious project by M&S plans to incorporate a variety of amenities such as a smaller store, a pedestrian arcade, a café, and a gym, all designed to modernize the area. M&S CEO Stuart Machin expressed relief and enthusiasm, stating that the approval ends a period marked by political delays and allows the company to contribute significantly to the rejuvenation of Oxford Street.
Machin emphasized the project’s potential to support 2,000 jobs and act as a leader in sustainability initiatives, aligning with broader efforts to revitalize urban centers across the UK. He shared the Government’s vision for rebuilding communities and expressed excitement about moving forward swiftly with the redevelopment.
Dee Corsi, CEO of the New West End Company, hailed the decision as a positive indicator for UK businesses, particularly those in high street environments that drive economic growth. The Marble Arch store’s redevelopment is poised to reinforce Oxford Street West’s status as a major attraction for both shoppers and office workers.
Despite the project’s approval, it previously faced significant opposition, including a High Court decision overturning former Housing Secretary Michael Gove’s block on the plans over environmental concerns and potential impact on nearby landmarks like the Selfridges building. Critics advocated for refurbishing rather than demolishing existing structures, though M&S argued the current layout was impractical for modern demands.
The approval of the M&S Marble Arch redevelopment marks a pivotal step in revitalizing Oxford Street and setting new standards for urban retail spaces.
