Plans to regenerate Lloyds Court with a host of new shops will be unveiled for public consultation on Friday.
Palatium Investment Management bought Lloyds Court two years ago, and will show its plans off in Suite 37, First Floor, Lloyds Court from 11am–7pm.
The company plans to keep the existing facade and colonnades, while rebuilding and extending the interior to provide a range of new retail units.
The unit currently occupied by Lloyds Bank will be retained, as will the Elisabeth Frink Black Horse sculpture.
New energy efficient glazing will be installed on the first floor, and the exterior will receive a complete refurbishment including new floor and ceiling finishes and lighting. Design guidelines will ensure that future shop fronts and signage are of high quality and are coordinated around the complete building envelope.
Neil Lawson-May, joint chief executive of Palatium, said: “The regeneration of Lloyds Court will not only give a new lease of life to one of Milton Keynes’ earliest buildings but it will bring greater shopping choice to the city centre, complementary to existing city centre retailers, as well as providing improved local shopping facilities for residents.
“We are looking forward to meeting residents and city centre shoppers at the public exhibition on April 24 to explain the Lloyds Court proposals and to hear their comments.”