Cadogan completes £235m King’s Road development with flagship retail opportunities

London landlord Cadogan has completed a new £235 million development on the King’s Road called The Gaumont - in honour of its cinematic and theatrical past as the original 1930s Gaumont Palace Theatre building.

The 220,000 sq ft mixed use development includes a rooftop bar with panoramic views, a 600-seat cinema, flagship retail opportunities, an enhanced Waitrose, creative space, office accommodation and 47 residential apartments, as well as an art installation by London-based artist Shezad Dawood.

The completion of the scheme comes during a period of sustained growth for the King’s Road, with “average sales up 20% on 2019 levels so far this year and footfall returning to pre-pandemic level”.

Rooftop Bar at The Gaumont

The development creates a new anchor in the central section of the King’s Road and comes on the heels of several significant openings nearby - including flagships for The Conran Shop, athleisure brand Varley and Californian-based denim label, Paige. For both Varley and Paige, they are their first and only UK stores.

Hugh Seaborn, CEO of Cadogan, said: “The purpose of this project has always been to reinvigorate the King’s Road’s distinct character and contribute to its rich legacy, whilst seeing it enter a new era - from the independent ‘creative cluster’, cinema, major new public art commission to the beautifully restored (art deco) façade.

“There are many other plans underway such as finding space for immersive cultural pop-ups, a ‘pub theatre’ and the right new operator to keep institutions like the 151 Club alive. The Gaumont is a major part of a wider revitalisation plan for one of the world’s most famous high streets.”

The Gaumont is expected to open in phases, with the rooftop bar and retail units set to open in Q1 2024, followed by the remaining spaces in Q3 that year.