Cain International, the diversified real estate investment company, has appointed Nash Bond as joint letting agents with Orme Retail for the leasing of the 170,000 sq ft of retail and leisure space at Islington Square, north London’s newest and most exciting mixed-use development.
The scheme will be a hub for contemporary London living, featuring 263 high-quality new homes and 108 serviced apartments, as well as two new retail arcades and a tree-lined boulevard.
The 170,000 sq ft space for shops and restaurants will be complemented by an all-day leisure offer, including premium gym operator Third Space (47,992 sq ft) and a six-screen The Lounge by Odeon luxury cinema (22,000 sq ft).
The two new arcades are accessed via Upper Street, offering a unique proposition of modern quality retail units in a range of sizes. They include many with double-height ceilings and a number of larger units, which were previously unavailable in Islington.
“Islington Square will extend Upper Street’s prime village pitch and complement existing boutiques, cafes and shops within the locality, providing a ‘one stop shop’ for both new and existing customers,” said Laurie Stokes, director at Nash Bond. “These retail brands will form an integral part of the scheme’s mixed-use and vibrant offer, sitting alongside prime new homes and an impressive line-up of leisure names.”
Construction is now well underway on the £400m mixed-use development, which spansfour and half acres in the middle of one of London’s most thriving boroughs. The development sits on the site of the former North London Royal Mail sorting and delivery centre and incorporates the original Edwardian buildings.
Islington Square is being delivered by Cain International. The master plan has been designed by world-renowned architecture practice CZWG and is being delivered by Galliard Construction.