ODEON premieres in Cambridgeshire at Peterborough’s Queensgate

22nd November 2024 | Jack Oliver

ODEON Cinemas has opened its first ever venue in Cambridgeshire at Queensgate in Peterborough, anchoring the scheme’s £60m leisure extension.

Located on the scheme’s third floor, the cinema operator has opened a 27,500 sq ft, eight-screen venue which features IMAX screens and 600 seats.

The cinema also provides a food and beverage offer which includes hot meals as well as classics such as pop corn and chocolate treats.

ODEON’s arrival at Queensgate forms part of a £60m investment from scheme owner Invesco into creating a new leisure destination, which is already home to operators such as indoor mini-golf brand Putt and Play.

This leisure hub has been created to complement Queensgate’s retail offer, which includes the likes of Primark and H&M, and will soon welcome Frasers and Sports Direct.

Ed Ginn, director of investment management at Invesco Real Estate, said: “Bringing a cinema to Queensgate has been at the top of our agenda, with our focus on enhancing the overall experience within the destination and providing that pull factor for the community that is currently lacking in the city centre. We knew integrating a cinema however would take significant investment, something we wanted to put into action because we really believe in the importance of Queensgate for Peterborough, and the region. ODEON is a great addition to the leisure space, driving forward our vision of crafting a hub rich in visits day-to-night, seven days a week, to support and strengthen our wider retail and F&B offer.”

This announcement follows the news that Beaverbrooks has recently opened its new store in Queensgate, having invested £1.5 million into its relocation and major refurbishment.

CBRE, Time Retail Partners, and Sovereign Centros from CBRE advised Invesco Real Estate.

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