BDP has released images showing the completed refurbishment of the former Topshop flagship at Oxford Circus, revealing a seven‑storey, mixed‑use fit‑out that combines grade A offices with a new inner‑city IKEA store. The northwest quadrant of the celebrated Oxford Circus intersection — long one of London’s most recognisable retail addresses — has been transformed following the closure of the Topshop operation after the Arcadia Group administration in 2021. The project preserves the building’s landmark presence on the corner while reconfiguring its internal programme to suit modern urban use.

The site was acquired by Ingka Investments in October 2021 as part of a strategic push by the Ingka Group to bring smaller, city‑centre store formats closer to urban customers. At the time of purchase the deal was reported at £378 million and the plan envisaged a city store alongside offices and other retail, with the investor signalling that the new store would create local jobs and integrate physical and digital services. IKEA later confirmed that renovation works uncovered unforeseen issues — notably water ingress in the lower basement — and that the store opening originally targeted for 2023 had been rescheduled to spring 2025 while remedial works were completed.

As lead architect, BDP says it stripped the building back to its frame and replaced or upgraded the building services to modern standards. The scope of work included the installation of air‑source heat pumps, secondary glazing, upgraded plant and renewed services; ground‑floor shopfronts were refurbished and the principal office entrance was relocated to 1 Great Portland Street to separate office access from the busier Oxford Street frontage. Two new roof terraces have been created to provide amenity space with views across the West End. BDP led the architecture, interior, landscape and lighting design on the scheme.

The design team and client are positioning the scheme as a sustainable retrofit: the refurbishment is expected to achieve an EPC B rating and BDP estimates a c.45% reduction in carbon emissions versus the pre‑refurbishment building. The project is also targeting BREEAM Outstanding, WiredScore Platinum and WELL Gold for office occupants. IKEA’s UK newsroom has highlighted specific measures already completed — such as removing gas boilers and installing heat pumps, plus secondary glazing — as part of its commitment to preserving the listed fabric while raising environmental and operational standards.

That conservation imperative reflects the building’s protected status. The Portland stone and steel‑framed department store at 214–234 Oxford Street is recorded on the National Heritage List as a Grade II‑listed structure, notable for its Beaux‑Arts detailing, giant Ionic columns, bronze casements and ornate dormers; the listing imposes legal protections that shape what can be altered and how. BDP’s head of retail and mixed‑use, Garry Wilding, said in a company statement that the project “demonstrates the power of incorporating a mix of uses into a thoughtful, adaptive reuse project” and that the design sought to “blend contemporary design with the heritage of this Grade II listed building” to create vibrant spaces for retailers and office occupiers.

The redevelopment sits within a broader shift in how major retailers and investors are treating central urban real estate: IKEA’s move away from predominantly out‑of‑town, warehouse‑style stores toward smaller city formats is intended to bring the brand closer to dense catchments and to connect more tightly to online channels. For the West End — a district that has faced retail churn and changing footfall patterns in recent years — the scheme is intended to marry enduring architectural value with a new commercial model and an office product marketed to modern occupiers. Ingka’s original announcement emphasised both accessibility and community‑facing uses, including the creation of local jobs.

BDP’s images underline how a high‑profile department store site can be repurposed without erasing its civic quality, but the development also illustrates the practical challenges of such undertakings: remedial discoveries and conservation constraints can delay commercial timetables even after structural and architectural works conclude. While BDP presents the refurbishment as complete, IKEA’s own timetable for opening its Oxford Street city store remains as the company set out in its May 2024 update — with the retail launch expected in spring 2025 as remedial and fit‑out work continues.

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Source: Noah Wire Services