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"Westfield and Hammerson form £1bn joint venture to redevelop Croydon town centre"

Link to Croydon Advertiser

"Speaking at a press conference at Fairfield Halls this morning (Thursday), Mayor of London Boris Johnson said:
"Croydon has huge potential to return to its former glory as one of London's most vibrant town centres, and a major driver of its economy. The redevelopment of the Whitgift Centre at its heart is crucial to this vision.

Westfield and Hammerson's innovative developments have breathed new life into long-neglected corners of cities across the country, creating thousands of jobs, and delivering growth that will soon be repeated in south London.

It is great news that these two international developers are coming together to drive forward this vital regeneration, and put Croydon at the heart of London's future prosperity, building confidence for investors and local people in one of the capital's most important town centres."

Additional information from Hammerson:
"The legal name of the joint company is 'The Croydon Partnership'*, although we don’t intend to use that for marketing or branding purposes. The scheme name and design will evolve as a neutral brand, possibly incorporating the existing Whitgift name.

It is likely that both the Westfield and Hammerson names will be used in the brand, but it won't be branded as, for example, 'Westfield Croydon'."
Company No. LP015372

"Hammerson nearly swallowed by Westfield:
"Sign Joint Venture for £1-billion
Croydon Town Centre Regeneration"

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