Putney Exchange
An indoor shopping centre on Putney High Street in southwest London.
Last updated August 25, 2026
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Overview
Putney Exchange is an indoor shopping centre in Putney, within the London Borough of Wandsworth, United Kingdom. The centre was developed and opened in 1990 as a retail destination serving Putney and nearby parts of southwest London. It occupies approximately 140,000 square feet and contains around 44 shops, making it a substantial neighbourhood shopping facility rather than a destination mall on the scale of the largest regional centres. The centre's principal anchor is a Waitrose & Partners supermarket. That branch opened in 1996 and has been a long-standing part of the property's tenant mix. In addition to food retail, the centre provides a range of shops and services for local residents, commuters and visitors, although the available reference material does not identify every current tenant or category in detail. The property has two entrances on Putney High Street, at number 98 and at number 72 near the junction with Lacy Road. Putney Exchange underwent a major refurbishment during the 2010s. Designs for a redevelopment valued at approximately £10 million were proposed in 2012, and the resulting works were completed in May 2014. The improvements were intended to modernise the centre and improve its internal environment. The property also received a Loo of the Year award in 2013, and its escalator and lift area was redesigned in 2017. The centre has a rooftop car park with 290 spaces, including six electric-vehicle charging spaces, with vehicle access from Lacy Road. It is well connected by public transport: Transport for London bus routes 14, 39, 74, 85, 93, 424 and 430 serve Putney High Street. Putney railway station is approximately a five-minute walk away, while Putney Bridge Underground station on the District line is approximately a nine-minute walk away. Putney Exchange is owned by BlackRock. In 2018 and 2019, proposals submitted by Incipio for a rooftop Palmtree bar generated objections from local residents. These plans formed part of the centre's continuing efforts to consider additional leisure and hospitality uses, but the reference material does not establish the final outcome of the proposals. Overall, Putney Exchange remains an active local shopping centre whose role combines convenience retail, supermarket provision, services, transport accessibility and parking.
History
Putney Exchange was built in 1990 as an indoor shopping centre on Putney High Street in the London Borough of Wandsworth. Its development created a covered retail environment for Putney, complementing the area's established high-street shops and transport connections. The centre occupies about 140,000 square feet and was designed with two principal entrances from Putney High Street: one at number 98 and another at number 72, close to Lacy Road. A Waitrose & Partners supermarket became the centre's anchor tenant when its Putney Exchange branch opened in 1996. The supermarket helped establish the property as a practical everyday destination for local residents, while the wider centre provided space for approximately 44 shops and associated services. The property also incorporated a rooftop car park accessed from Lacy Road. The car park has 290 spaces, including six spaces equipped for electric-vehicle charging. By the early 2010s, plans were being developed to modernise the centre. Designs for a refurbishment estimated at £10 million were proposed in 2012. The works were completed in May 2014, marking the principal modernisation of the building in the available historical record. The centre received a Loo of the Year award in 2013, and additional internal changes followed later in the decade. In 2017, the escalator and lift area was redesigned. The property has also been considered for expanded leisure and hospitality uses. In 2018 and again in 2019, Incipio submitted plans associated with a Palmtree rooftop bar. The proposals attracted complaints from local residents, illustrating the planning and neighbourhood considerations involved in adding late-opening or leisure uses to a local shopping centre. The available reference material does not confirm whether the rooftop bar ultimately opened or whether the proposals were approved in their submitted form. Putney Exchange is served by several Transport for London bus routes operating along Putney High Street, including routes 14, 39, 74, 85, 93, 424 and 430. Putney railway station is around five minutes away on foot, and Putney Bridge Underground station on the District line is around nine minutes away. These connections reinforce the centre's role as a local retail and services hub. The centre is owned by BlackRock. No separate founding company, named founder, executive leadership team or corporate parent is identified in the supplied reference material. Its history is therefore primarily the history of a London retail property: construction in 1990, the arrival of its Waitrose anchor in 1996, refurbishment in the 2010s, and subsequent consideration of additional hospitality uses.
- 2019
Further rooftop bar plans submitted
[1]Further plans relating to the proposed Palmtree rooftop bar were submitted, with local opposition noted in the reference material.
- 2018
Rooftop bar plans submitted
[1]Incipio submitted plans for a Palmtree rooftop bar at the centre, prompting complaints from local residents.
- 2017
Vertical circulation area redesigned
[1]The escalator and lift area was redesigned.
- 2014
Refurbishment completed
[1]The centre's major refurbishment was completed in May 2014.
- 2013
Loo of the Year award
[1]Putney Exchange received a Loo of the Year award.
- 2012
Refurbishment designs proposed
[1]Plans were proposed for a refurbishment of the centre with an estimated value of £10 million.
- 1996
Waitrose & Partners branch opens
[1]The Waitrose & Partners supermarket at Putney Exchange opened and became the centre's anchor tenant.
- 1990
Shopping centre opens
[1]Putney Exchange was built and opened as an indoor shopping centre in Putney, southwest London.
Products and positioning
A convenient, transport-accessible local shopping centre serving Putney and surrounding southwest London neighbourhoods, anchored by a Waitrose & Partners supermarket.
Supermarket anchor · 1996
Waitrose & Partners
The Waitrose & Partners branch is Putney Exchange's principal anchor tenant. It provides grocery and everyday food retail for local residents and commuters and has operated at the centre since opening in 1996.
Shopping centre · 1990
Putney Exchange retail and services mix
The centre contains approximately 44 shops within about 140,000 square feet of indoor retail space. The supplied sources do not provide a complete current tenant list, but describe the property as a local shopping destination combining everyday retail, services and its supermarket anchor.
Parking facility · 1990
Rooftop car park
Putney Exchange includes a rooftop car park with 290 spaces. Vehicle access is from Lacy Road, and six spaces provide electric-vehicle charging.
Brand decisions
2018
Consideration of a Palmtree rooftop barOtherBackground
Incipio proposed introducing a rooftop hospitality venue at Putney Exchange.
Action taken
Plans for a Palmtree rooftop bar were submitted in 2018, with further plans submitted in 2019.
Aftermath
Local residents complained about the proposals. The supplied material does not establish whether the venue opened or whether the plans received final approval.
2012
Proceed with a major centre refurbishmentStrategyBackground
Putney Exchange had been operating since 1990 and proposals were developed to modernise the indoor shopping centre.
Action taken
Plans for an estimated £10 million refurbishment were proposed, with the works completed in May 2014.
Aftermath
The centre continued operating after the refurbishment, followed by redesign work in the escalator and lift area in 2017.
Recent events
- 2018
Proposals submitted for a Palmtree rooftop bar[1]
Other
Incipio submitted plans connected with a proposed Palmtree rooftop bar at Putney Exchange. Local residents raised complaints about the proposals. Further plans were also submitted in 2019.
- 2017
Putney Exchange lift and escalator area redesigned[1]
Other
The centre's escalator and lift area was redesigned as part of ongoing property improvements.
- 2014
Putney Exchange refurbishment completed[1]
Other
A major refurbishment of Putney Exchange, based on redevelopment designs proposed in 2012, was completed in May 2014.
Sources2 sources
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