The Croydon Partnership is a joint venture formed by Westfield and Hammerson plc in January this year to undertake the "£1 billion redevelopment" of the Whitgift Centre. The partnership reported that the proposed scheme would create 5,000 jobs and act as a catalyst for the wider regeneration of the town centre.
The Croydon Partnership announcement said: "Operating in the national legal framework and supported by Croydon Council and the Greater London Authority, the Croydon Partnership is notifying all businesses and retailers affected by the re-development plans. The priority is to ensure that all businesses involved are consulted on a one-to-one basis, working with all parties concerned to seek short and long-term solutions."
The partnership anticipates that it will secure planning consent in 2013, with construction expected to start on site in 2015.