Milton Keynes Council’s planning committee gave the scheme the go-ahead at a meeting last night (Thursday).
The scheme, which will be one of the most significant retail and leisure development projects in Central Milton Keynes for over a decade, will create a new dining quarter and a five-screen boutique cinema.
The space in and around Oak Court and Midsummer Boulevard will also be remodelled.
intu regional director Martin Breeden said: “We are delighted that our proposals have been approved. intu Milton Keynes is already the premium fashion pitch in the city and these plans will strengthen its position, creating a contemporary destination for customers to shop, eat, relax and socialise.
“We have had some good interest in the scheme as brands recognise the opportunity that Milton Keynes provides.”
intu, which owns and runs major regional shopping centres across the UK, submitted its planning application in following a public consultation.
The proposals are in line with Central Milton Keynes’ continuing growth ambitions as set out within the local Neighbourhood Development Plan.
It calls for an expanded and diversified retail offer in the city centre and a greater mix of dining and leisure in the evening.
intu’s plans for Milton Keynes also include new landscaped areas and public space, while the Boulevard will be used for community events and entertainment.
The proposed work at intu Milton Keynes is part of a £1.5 billion development pipeline by intu at its UK centres.