BOXPARK announced that it is set to vacate the iconic Shoreditch site in East London by end of the summer 2024 as it gears up for two new site openings later this year in famous London locations; Camden Town and Liverpool Street, as well as making its debut in Bristol early next year, continuing the Group’s expansion efforts following the recent launch of BOXPARK Liverpool in April.
BOXPARK Shoreditch opened in October 2011 as a ‘meanwhile use’ scheme* at the Bishopsgate Goodsyard site which provided a platform for independent businesses to build their brand, create employment opportunities and catalyse the regeneration of Shoreditch.
After being temporary occupiers of the site for 12 years, BOXPARK Shoreditch has reached the expiration of its lease and notice on the premises has been served by landlords Bishopsgate Goodsyard. This follows the immediate commencement of works for the development of the site, after planning permission was granted by the Mayor of London for the redevelopment of the Bishopsgate Goodsyard, which will see new homes, retail and leisure, office space and a new park built on the 4.5 hectare site.
Dubbed as ‘the world’s first pop-up mall’, BOXPARK Shoreditch has grown into one of London’s most beloved dining and shopping destinations, as well as being a cultural hotspot. The scheme played a fundamental role in the redevelopment of Shoreditch, bucking trends of High Street decline by driving more than 1.25million visitors per year to the local area. Furthermore, the development has seen residencies from over 250 independent brands, and supported more than 270 jobs per year, generating almost £100m economic value for the City.
BOXPARK’s track record in urban regeneration is well-established, with notable successes in each of its London locations (Shoreditch, Croydon and Wembley). Earlier this month, the Group announced it has assumed operational management of Camden’s shipping container food and retail complex, Buck Street Market. This will be the next iteration of BOXPARK to open following the closure of its Shoreditch outlet.
This year, the Group opened its first site outside of London with BOXPARK Liverpool (April 2024) seeing a spectacular launch and healthy post-launch trading. BOXPARK continues to grow its credentials for regeneration, economic impact and job creation, as it generated 150 new job opportunities and invested more than £5m into the Baltic Triangle, Liverpool’s creative and cultural district.
Founder of BOXPARK Roger Wade comments on the journey of BOXPARK Shoreditch:
“Firstly, I would like to extend my heartfelt thanks to Ballymore, Hammerson, Hackney, and Tower Hamlets for their support over the past 12 years at BOXPARK Shoreditch. Our journey has been unforgettable, and I am immensely proud of what we have achieved together.
“When we launched BOXPARK Shoreditch in October 2011, it was the world’s first pop-up. Since then, we created over 1,000 jobs, supported 100+ independent businesses and attracted over 10 million visitors. As we close this chapter, my gratitude also goes out to all the dedicated staff and local community for their unwavering support throughout the years.”
BOXPARK Shoreditch is set to close by the end of summer 2024. BOXPARK Croydon, Wembley and Liverpool continue to trade as normal. The Group has plans to open its debut sibling F&B brand BOXHALL in Liverpool Street later this year, relaunch Camden’s Buck Street Market in the coming months, and bring the BOXHALL concept to Bristol.
