Baron Phillips - Retail - Bromley South Railway Station

Date: 29 Jun 1999

Marylebone Warwick Balfour Group plc ("MWB") today announces that outline planning consent has been granted for a 200,000 sq ft leisure development above Bromley South Railway Station, which MWB will be undertaking in partnership with Railtrack.

The destination leisure scheme will be created on three levels above the station and will include a 70,000 sq ft multiplex cinema, family entertainment centre, restaurants and retail units, together with new station facilities.

Work on the development, which will have an end value of more than £40m, is expected to get underway during the course of next year.

As with other major station developments the leisure scheme will be created on a "raft" that will sit above the railway lines and envelop the existing buildings enabling MWB to build the new station infrastructure.

Commented Michael Bibring, Director, MWB:

"We are absolutely delighted that our scheme has finally been given the green light in face of fierce competition. There is substantial demand for the leisure facilities that the development will offer once completed. Our partnership with Railtrack for the provision of this leisure scheme and 21st century station complex is very exciting. We expect to commence work on the raft next year."

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