Apple eyes ambitious new Spitalfields shop

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Technology giant Apple is in talks for an ambitious new store in Spitalfields similar to its landmark cube shop on Fifth Avenue in New York.

Hordes of suits piling out of Liverpool Street station would have a new place to buy iPads and iPods if the deal between landlord Tribeca Holdings and Apple gets over the line for an underground shop.

“Tribeca Holdings, run by Irish property developer Aiden Brooks, has been working with Apple on a planning application, which is expected to take around two years to come to fruition” trade magazine Property Week reported.

Located at Old Spitalfields Market, it would add to the firm’s other five shops in the capital, which are located in areas such as Regent Street and Brent Cross.

The market is known as a mecca for artists, shoppers and tourists.

The property negotiations come less than a year after the covered market came under the sole ownership of Tribeca.

Apple declined to comment. Tribeca could not immediately be reached for comment.

Source Article from http://www.standard.co.uk/business/apple-eyes-ambitious-new-spitalfields-shop-a3226111.html

April 15, 2016 |
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