Best known for its premium shopping, Regent Street now rivals the Champs-Elysées and Fifth Avenue as a world-class visitor destination.
Regent Street receives over 7.5 million tourist visits a year and there are over 20,000 people employed here. Its Grade II listed facades, originating from the designs of famed architect John Nash, are considered some of the most distinguished architecture in London. Stroll down Regent Street and you will also notice a number of works by leading contemporary artists, of art commissioned by The Crown Estate.
Regent Street was in fact the world’s first shopping street, and now our ongoing £1 billion investment programme has transformed it once again into the world’s premier shopping destination, where leading brands regularly choose to launch their European Operations.
Our focused retail strategy is guided by Regent Street’s values of quality, heritage, style and success and our major property redevelopments have created large open retail floor plates, suitable for modern occupiers. This investment has yielded results and we currently have strong demand for space from a variety of international brands.
The policy sets out The Crown Estate’s retail tenant mix policy/strategy and retail estate management guidelines for the Estate, including, (without limitation) matters which The Crown Estate will take into account when considering lettings to prospective tenants, proposed assignments or under lettings by existing tenants and when considering requests to change existing uses.
Regent Street is much more than just retailing, it's a prestigious business address too. It offers space for small offices and growing businesses as well as large, modern office space for international companies such as Lloyds TSB, Twitter and Apple. In addition to the impressive retail space that Regent Street offers, the Mile of Style also comprises 400 small offices and 750,000 sq. ft of space for larger offices too.
We know that world class businesses deserve a world class environment. And that is why we are clear that the ‘bits between the buildings’ are as important as the buildings themselves. Look to Regent Street's pedestrianised food quarters on Swallow Street and Heddon Street for the perfect spot to eat, drink and relax.
The Crown Estate manages Regent Street on behalf of the Regent Street Partnership, which also includes The Crown Estate’s joint venture partner, Norges Bank Investment Management. The Regent Street Partnership remains committed to a 20 year £1 billion investment programme that has been credited with transforming the street into an award-winning international destination.