Dutch retail real estate investment management company Redevco is close to opening a new shopping area in the center of Brighton, England, UK with 100 million pounds ($131 million) investment.

The 1.3-acre site will include 13 shops, plush offices, apartments and a new entrance to The Lanes from North Street.

The existing shops on the main road have also undergone a major renovation. The new Lane will also include nine offices and 65 apartments to rent.

Additionally, there will also be featured street art within the Lane, including a competition currently being run with the city council.