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Evening Standard
Evening Standard
National
Ruby Gregory and Tom Place

Developer drops £1.5 billion south London shopping centre plan citing Green council's 'lack of support'

Landsec London Liam Shrivastava Lewisham Lewisham Council

A massive redevelopment of a south London shopping centre has been shelved a year after the plans were approved by councillors.

Landsec, which owns Lewisham Shopping Centre, has announced it is “deprioritising” the £1.5 billion scheme after encountering “exceptionally challenging economic conditions”, and says it will be focusing on other projects instead.

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