The store will offer a selection of diamonds, jewellery and watches, and luxury and designer brands including Omega, Breitling and Tag Heuer.
Kevin Duffy, centre director, centre:mk, said: “Beaverbrooks’ passion for fine jewellery and watches, and commitment to their customers is what makes them truly successful.
“The brand’s significant investment into centre:mk and decision to relocate to a larger store reflects Beaverbrooks ambition for the high street, highlights centre:mk’s dominance within the catchment and dedication to supporting the growth of its current brands and businesses.”
Anna Blackburn, managing director at Beaverbrooks, added: “We first opened our doors in centre:mk 26 years ago and are committed to our loyal customer base in the region.
“We’re excited to build on our longstanding relationship by relocating to a new store, where we’ll continue to provide exceptional quality diamonds, jewellery and watches, and an even better shopping experience.”