Plans submitted for redevelopment of Ipswich's Buttermarket
Capital & Regional and Drum Property Group have submitted a planning application for the redevelopment of IpswichÂ’s Buttermarket Shopping Centre.
Plans for the £35 million investment in Ipswich town centre include the development of a 16-screen cinema complex as well as six new restaurants to complement the centre’s retail offer.
The planning application to Ipswich Borough Council is an evolution of existing plans for the centre which were approved in 2013.
Buttermarket is Ipswich’s largest covered shopping centre and was acquired by Capital & Regional and Drum Property Group for £9.2 million in March 2015.
Hugh Scott-Barrett, chief executive of Capital & Regional, said: “We believe our proposals will revitalise not just Buttermarket Shopping Centre, but Ipswich town centre as a whole by introducing a tailored mix of retail and leisure facilities. We look forward to working with Ipswich Borough Council, the town’s retailers and the local community to advance these plans.”
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