The arrival of H&M in the Vancouver Quarter moved a step closer today (Wednesday 29 August) as we handed over the keys to them for their soon-to-be King’s Lynn home.
Work will start on Monday to add all the fixtures and fittings inside the 20,000 sq ft anchor store, and it is expected this work will take around nine weeks.
This new store on Broad Street will create a number of jobs in the heart of King’s Lynn, and the overall project will also create four more brand new retail units, which will be completed in due course.
The handing over of the keys to H&M was a significant moment in this project. H&M will be a great addition to the Vancouver Quarter and will make a real difference to King’s Lynn in terms of its vibrancy as well as offering visitors and local residents even more reasons to visit regularly.
We’re so pleased to see this landmark project come to fruition which is part of a major regeneration scheme in the town centre and is a big investment for the town.
The redevelopment of the former Beales department store came about following an arrangement between the Vancouver Quarter’s owners, LAP and US investment management firm Oaktree Capital, and the Borough Council of King’s Lynn and West Norfolk where a 250-year renegotiated lease was agreed.
“This development has come about thanks to a dynamic public/private sector partnership and proves what can be achieved through innovative collaboration,” said Alistair Cox, Vancouver Quarter centre manager.
Work began almost two years ago and it had been hoped the flagship store would have opened in Spring this year but the collapse of the main building contractor Chalcroft set the project back.
Ray Harding, Chief Executive of the Borough Council of King’s Lynn & West Norfolk, added: “The borough council is delighted that H&M have shown such confidence in the future prospects for King’s Lynn town centre. We look forward to the completion of their fit out and the opening of their new store in the heart of the town. The presence of the new H&M store brings another major retailer to King’s Lynn.”