Westfield London submits plans to convert 2/3 of its anchor stores into co-working office spaces
Westfield London has released plans to transform a part of the space currently being used by anchor stores into co-working office space.
Reportedly, around two-thirds of one of the shopping centre’s anchor stores could potentially be converted into office spaces, if plans are approved by council.
House of Fraser’s 104,00 sq ft store is amongst one of five anchor stores at Westfield London, alongside Next, Marks & Spencer, Waitrose and Debenhams.
Last month, Debenhams confirmed it would not reopen its store post-lockdown as part of an administration process, after Westfield declined to give it another round of rent reductions.
Reportedly, no WeWork-like operator is in line for the proposed office space yet.
Westfield is also reportedly considering launching its very own co-working office space offering if plans with potential partners do not go ahead.
The shopping centre’s parent company Unibail-Rodamco-Westfield has said the new work spaces is part of a wider strategy to offer different experiences.