King's Cross redevelopment is paying dividends - CILT(UK)
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King's Cross redevelopment is paying dividends

27 March 2013/Categories: Industry News


One year has passed since the impressive new western concourse opened to the public at King's Cross station and it seems the huge redevelopment has made a massive difference.


David Partridge, director of Argent (King's Cross) Ltd, and chairman of the King's Cross Business Partnership, believes the new-look station has helped to change perceptions of this part of London and the wider economy is benefiting as a result.


"It is a year since the stunning western concourse opened at King's Cross station and the area around it continues to evolve at a rapid pace," he remarked.


The building itself is the largest of its kind in Europe and it contains 27,000 sq ft of retail space.


New figures have shown that shops based in the station have secured larger like-for-like sales than the high street for the tenth consecutive quarter and King's Cross retailers clawed in £11 million in the third quarter of 2012 alone.


The regeneration has also had a dramatic impact on customer satisfaction, as a study by Passenger Focus showed the station jumped from the bottom of the standings in 2012 to the top this year.

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