Railpen, the investment manager of the £34bn Railways Pension Scheme, has announced the opening of a new Starbucks coffeehouse at Cambridge Retail Park. This marks the first phase of a wider regeneration initiative for the destination.
Located at the entrance to the park on Newmarket Road, the refurbished store spans 2,000 square feet and incorporates a newly designed café garden. This outdoor space includes a children’s play area and a pedestrianised route from Newmarket Road, intended to provide easier access for local residents.
The development also includes landscaping and a green roof, contributing to a biodiversity gain of over 10% at the site. The coffeehouse will be open seven days a week and aims to offer a relaxing environment for customers within a sustainable setting.
Maria Averkina, Asset and Development Manager at Railpen, said: “The opening of Starbucks is the exciting first stage of the transformation of Cambridge Retail Park, and its design and sustainability credentials are of the highest standards. In addition, we have focused on creating a unique, appealing environment that will appeal to all visitors, whether shoppers or local residents.”
Andrew Ashley, Store Manager at Starbucks, added: “We’re absolutely delighted to be opening this totally refurbished coffeehouse. The new design delivers a refreshed look throughout and creates a welcoming and comfortable environment for our customers to relax and enjoy their handcrafted beverages. We’re looking forward to welcoming the local community and becoming part of their day.”
This opening follows the approval of Railpen’s plans for a six-storey, 112,000 square foot Grade A office building at 230 Newmarket Road, adjacent to the retail park. Designed by Leonard Design Architects, the office development aims for a BREEAM ‘Outstanding’ rating and a 20% biodiversity net gain.
Elsewhere in the area, Railpen is progressing with two other major projects: Mill Yard, a 180,000 square foot mixed-use campus, and Botanic Place, a 330,000 square foot headquarters development. Both are situated within walking distance of Cambridge station.
