In 2010, a 580,000 sq ft (54,000 m2) development received planning permission for the redevelopment of Bracknell's town centre.
[2] The Lexicon was a 50:50 joint venture between Legal & General Capital and Schroder UK Real Estate Fund.
[5] Shortly after its one-year anniversary, The Lexicon hosted Queen Elizabeth II when she visited Bracknell to witness what was referred to as "one of the biggest town centre regenerations in the UK.
[8] Other retailers included Joules, Fat Face, Superdry, Office, Next, H&M, River Island, Timberland, Paperchase, The Body Shop, Topshop, and Primark.
[5] The 2017 opening of The Lexicon marked the second phase of Bracknell's regeneration, with further plans to redevelop the town centre.
[12] Work is continuing to develop Princess Square and the area around the old Bentalls store, called The Deck.