Opened as The Glades on Tuesday 22 October 1991, the centre is currently jointly owned by Alaska Permanent Fund (85%) and the London Borough of Bromley (15%).

In October 2015 it was confirmed that Alaska Permanent Fund Corporation had agreed to acquire the stakes held by intu Properties and CGNU/Aviva in a £177m deal, giving the APFC 85% holding of the mall (Bromley Council retained its 15% share) and taking the Bromley centre out of intu's network.

The Glades also includes Regent Arcade, a parade of small boutique shops which runs from Elmfield Road near the street entrance to the former site of Debenhams and links in to the lower mall beneath Waterstones.

[5] The development involved the demolition of two buildings on the high street and several existing units within The Glades.

[6] Work was completed in July 2016 on a new extension to the centre to house 5 new restaurants including Wagamama, Byron Hamburgers, Giraffe World Kitchen and Ed's Easy Diner.