Green light on Croydon redevelopment is a historic moment says local charity.
Local charity, The Whitgift Foundation, heralds the approval made last night Monday 11 June 2018 by Croydon Council for the £1.4bn Whitgift Centre redevelopment as a historic moment for Croydon.
The Foundation, the freehold owner of the Whitgift Centre, has been pivotal in working closely with its development partner, Croydon Partnership (Unibail-Rodamco-Westfield and Hammerson), in recent years to bring about this major transformation to Croydon’s town centre.
Just as it did in the 1960s when the charity’s land between Wellesley Road and North End made way for the development of the Whitgift Centre, allowing Croydon to become a major retail and economic hub, the Foundation continues to support the town’s future success as the retail and leisure capital for South London.
This approval also has implications for the Foundation as the income from its investment holdings and wider property portfolio, including the freehold ownership of the Whitgift Centre, is crucial for its charitable objectives which help thousands of people in Croydon every day.
The charity provides: a dedicated support centre for Croydon’s unpaid carers on George Street run by its Carers’ Information Service; caring communities at Whitgift Care for older people including gold standard care for those nearing the end of their lives and a new Day Care service, the 1596 Club, and one of the largest bursary support schemes in the UK for young people to achieve an outstanding education at its three schools: Whitgift, Trinity and Old Palace of John Whitgift School.
Martin Corney, Chief Executive, The Whitgift Foundation, said: “This is a historic moment for Croydon following the Council’s approval of the £1.4bn redevelopment scheme enabling a new state-of-the-art leisure and shopping centre, including a flagship John Lewis store, to become a reality.
“As one of Croydon’s oldest organisations since 1596, we are passionate about Croydon’s future success as a place to live, work and shop - fit for the 21st century.
“Our work with the Croydon Partnership will not only benefit the local community with new employment opportunities and a renewed sense of civic pride, it will also help us to continue our charitable aims of supporting carers, enabling social mobility for young people through our bursary scheme and also reducing loneliness amongst older people with our care services.”