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Old November 3rd, 2011, 04:26 PM   #2841
Crash_N
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ANOTHER cluster for London?!
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Old November 3rd, 2011, 05:25 PM   #2842
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To add to complement what Porto posted

Quote:
Battersea Power Station owner 'absolutely committed' to £5.5bn redevelopment plan for historic landmark



The Irish owners of Battersea Power Station say they are in the "final stages" of talks with potential investors in the site and are "absolutely committed" to £5.5bn redevelopment proposals.

In its interim results, Real Estate Opportunities said its “primary focus” is finding a long-term investor in the power station to finance the development and repay debts with Lloyds Banking Group and Ireland’s National Asset Management Agency.

There is £300m of debt with Lloyds and Nama that matured on August 31 without being repaid and REO, which is locked in talks with the lenders, has admitted this “can currently be called on demand”.

However, Rob Tincknell, the REO director leading the development, said he is the "final stages" of talks with a "few" parties and the lenders are "continuing to support the process".

"All of the investors who have done due diligence support the scheme we have created," he added.

It is not clear what role REO will play after a deal is struck because it could need to sell a sizeable stake in the power station site to pay off the debt and raise funds for development. The site is valued at £500m.

The potential investors are understood to include sovereign wealth funds, although Mr Tincknell declined to comment.

The debt challenge is the latest twist in the battle to redevelop the power station, which has been dormant since 1983.

There have been various attempts to redevelop the site, including proposals for a theme park and luxury apartments, but they have fallen foul of planning laws and economic downturns.

REO, along with its development partner Treasury Holdings, has won approval from Boris Johnson for a £5.5bn redevelopment which includes 3,400 homes, 10m sq ft of offices and retail space, and the retention of the power station structure.

The risk that the company fails to secure investment into the power station and that Nama, which effectively acts as Ireland’s bad bank, does not support its business plan means the accounts contain a “material uncertainties” warning.

The REO accounts say: "Failure to achieve the above assumptions and objectives could cast significant doubt on the group’s ability to continue as a going concern and it may therefore be unable to realise its assets and discharge its liabilities in the normal course of business.”

REO’s results for the half-year to August 31 show it is operating with a £684m deficit in shareholder funds. This is because its total borrowings of £1.5bn and interest bill of £97m is larger than the value of its portfolio, which stands at £991m.

Ray Horney, chairman of REO, said: “The group’s primary focus is now on introducing a long-term investor into the Battersea Power Station project, with negotiations continuing with a shortlist of potential global investors.

“While the finalisation of binding legal terms with Nama will secure the group’s short term funding requirements, the current trading environment remains challenging and the group will need to realise and/or refinance assets in order to discharge liabilities owed to various creditors. The group remains committed to achieving these outcomes over the coming years.”
http://www.telegraph.co.uk/finance/n...-landmark.html
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Old November 5th, 2011, 01:45 AM   #2843
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Originally Posted by SO143 View Post
Where do you find those kind of outstanding stuffs from, Porto?
This news has been around lately because it's such a major project.
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Old November 5th, 2011, 04:54 PM   #2844
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New Plans Surface For Dollar Bay

Compared to the heady days of the last decade it's been a quiet period for Ian Simpson Architects. A new tower proposal for Dollar Bay in London's Docklands could see that about to change.



Dollar Bay has had a long history of attempted development, but with the building split into a number of different freeholders any developer has had to struggle to win them all over before anything can happen to the site.

This was finally achieved after six years back in 2008 meaning that the attractive waterside plot could finally be turned into something rather more dense than the current modest apartment building which occupies it.

The scheme has gradually changed since it first had work start on it back in 2008 with a narrow base and wide floors as it rises presenting a pleasing curving profile. Work however went into stasis in mid 2009 and only the following year did Ian Simpson Architects revisit the plans to come up with something that would fit better into the changed and rather more depressed Docklands property market.

In doing so the height of the tower was reduced to help save money. If it would stand at only 30-storeys would see the necessity of a mid-level plant room vanish whilst simplifying the external shape would also reduce construction costs into what is proposed today.

The architects have designed it to present a narrow shape to the north and south to help reduce solar gain on one side of the building, and to reduce the number of commercially unpopular north-facing rooms on the other side of the tower. The western face presents a concertinaed glass façade that cascades down whilst the north and south facades show the tower massed as a couple of long crystals that break it into two different shapes. In turn the eastern façade contrasts with the sense of motion of the rival western one by presenting a sheer glazed wall.

The building isn't just visually split into an east and west half but also in terms of the layouts of the floors with the main corridor for each running along the central joint between the two crystals.

The larger apartments are located on the western side, and take advantage of the bigger views it presents, whilst the smaller more compact apartments can be found on the eastern part. Furthermore, from floor 19 upwards apartments can be merged together for those with enough money giving them half a floor each if they so desire. As with previous notable Ian Simpson designs, residents here will be able to enjoy their own winter garden on the or east and west sides of the building.

Topping the building will be a double height winter garden. The base meanwhile will have a new landscaped public area around it, plus two car lifts, and a cycle ramp.

If built it will stand at approximately 109.5 metres in height. As before the 31-storey, 121-apartment scheme is being developed by Londonewcastle.
http://www.skyscrapernews.com/news.php?ref=2952
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Old November 6th, 2011, 01:58 AM   #2845
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i love you london

sesli sohbet siteleri isimleri
sesli dünya
görüntülü sesli chat
görüntülü sohbet
libidom
sesli çet
verenverene

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Old November 6th, 2011, 06:42 PM   #2846
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Quote:
Lord Foster unveils plans for Thames Estuary airport



Lord Foster has ambitious plans for the Estuary Airport at the Hoo Peninsula on the Kent coast
Related Stories

'Boris Island' airport is debated
Lord Foster behind airport plan
Airport plan 'nuts', says O'Leary
The Mayor of London's plans to build an airport in the Thames Estuary dubbed Boris Island have often been described as 'pie in the sky'.

But now ambitious new plans for an airport in the Thames Estuary have been unveiled by the world renowned architect Lord Foster.

Norman Foster is one of the most influential modern architects and is the man who designed the dome on the Reichstag building in Berlin as well as the terminal building at Stansted Airport.

But the project he's most famous for extended the concept pioneered at Stansted to Hong Kong.

Ambitious plans
Chek Lap Kok is one of the world's largest airports and this was among the most ambitious construction projects of modern times.

Lord Foster now wants to take that expertise to build an Estuary Airport on the Hoo Peninsula.

He says it would have four runways and would be capable of handling 150m passengers a year.

The location has been chosen because it is 55km from London and can be reached in 30 minutes by high-speed rail.

But it wouldn't just be an airport - the ambitious plans for a Thames Hub would bring together rail, freight logistics, aviation, energy and its transmission, flood protection as well as regional development.

Lord Foster says it's necessary because the UK is facing 21st Century challenges including an over congested rail network and housing shortages particularly in London and the South East.

In addition the UK's only hub airport - Heathrow - is already operating at capacity with no room for expansion.

Those problems - he says - can't be tackled with short term patching up of the existing ageing infrastructure.

He says his plans will deliver lasting social, environmental and economic benefits and improve the lives of the 5m people who live under the flight path at Heathrow.

Fierce opposition



But what of the residents in Kent?

There's been fierce opposition from MPs, local councillors from Medway and Kent County Councils as well as residents.

A similar plan by London Mayor Boris Johnson for an airport in the Thames Estuary, known as 'Boris Island', was ruled out as an option by Prime Minister David Cameron last year.


The Spine will connect the Thames Hub with the UK’s ports and existing and future rail networks
And an airport at Cliffe in Kent was also considered but was rejected by the Labour government in 2003.

Campaigners say the site, which is renowned for its populations of wintering birds and is an important breeding ground for birds such as avocets and marsh harriers in summer, must be protected.

But now the new Transport Secretary Justine Greening has refused to rule out the possibility of building an airport in the Thames Estuary.

Speaking at a conference of airport operators Ms Greening, who was appointed last month, said all the options for increasing airport capacity in the South East would have to be considered - including a new airport offshore between Kent and Essex.

So, it seems the plans, despite being dismissed by opponents could, if Lord Foster gets his way, yet fly.
http://www.bbc.co.uk/news/uk-england-15546956
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Old November 6th, 2011, 08:10 PM   #2847
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Quote:
Originally Posted by vank View Post
Found this projects:

Kingsgate House Residential


66-74 Victoria Street


1 Merchant Square (149m.)


Merchant Square

( Nice tower!)
I love that Cucumber tower
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Old November 6th, 2011, 09:25 PM   #2848
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Is that the one proposed in the Paddington area?
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Old November 6th, 2011, 09:31 PM   #2849
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..yes it is, i think planning permission has already been given.
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Old November 7th, 2011, 11:56 PM   #2850
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London Orbit Tower (U/C)

image hosted on flickr

by George Rex


Cannon Place

image hosted on flickr

by George Rex


Newly opened Langdon Park DLR station

image hosted on flickr

by George Rex


The City Peninsula

image hosted on flickr

by George Rex


UEL Felix and Jamilla Houses, University of East London. Student residences on the Docklands Campus, London Borough of Newham.

image hosted on flickr

by George Rex


Newly built, Ramada London Docklands, Oct 2011


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by George Rex
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Old November 10th, 2011, 02:47 AM   #2851
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Sir Paul Nurse on the Francis Crick Institute: step aboard the mother ship of medicine

In less than a year’s time, the glittering international terminal at St Pancras Station will welcome hundreds of Europe’s finest athletes to London for the greatest sporting event on Earth. Directly over the road, workmen are already busy erecting another glass-walled behemoth, aimed at attracting a similar calibre of foreign visitor.

The brains behind the Francis Crick Institute – the £650 million centre that will be Europe’s largest dedicated research building – hope that when it opens in 2015, it will lure the world’s finest minds across every area of biomedicine. And while the competitors who flock to the capital for the Olympics will leave a month later, taking their medals with them, the scientists recruited to work at the new centre just behind King’s Cross will be expected to remain for the long haul, with Britain reaping the fruits of their talent.

That at least is the ambition, says Sir Paul Nurse, the Nobel Prize-winning geneticist who is president of the Royal Society and chief executive of the new institute.

With a consortium of six of the country’s leading research institutions funding the project and space for 1,500 scientists, Sir Paul believes in aiming high.

“In the longer term, this will be so strong on the world stage that we will be able to recruit young researchers from Britain and throughout the world,” he explains. “It will be a very attractive place to come. Part of the ploy is that we attract the best in the world and they put roots down during their 10 to 12 years here, and so they remain.”

Britain is regarded as a world leader in science, but the Francis Crick Institute represents a different way of approaching biological research, aimed at boosting the rate of medicinal and technological breakthroughs.

Originally named the UK Centre for Medical Research and Innovation (a “ghastly” title, says Sir Paul), it was this year renamed after the late scientist who, with James Watson, discovered the double helix structure of DNA in 1953. This “super-laboratory” will exploit our understanding of genetics – for which the pair laid the foundations – to develop new therapies for common conditions such as cancer and heart disease.

...
http://www.telegraph.co.uk/science/s...-medicine.html

Models of the scheme











http://bloomsburybytes.wordpress.com...he-microscope/

http://www.crick.ac.uk/contact-us
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Old November 10th, 2011, 06:12 PM   #2852
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Quote:
Property consultants expect Greeks to up buying in London

Property owners in London could be onto a winner with analysts predicting that Greek real estate investors will be rushing to buy into a safe haven market.

Jones Lang LaSalle, the world's second largest property consultancy, plans to capitalise on an appetite among less wealthy Greeks to move money into the relative safety of London property as political and economic uncertainty grips the country. The company hopes to start marketing London homes in Greece in the coming weeks at prices from £250,000, below the price bracket of the wealthy, many of whom have already moved money into London property.

It plans to enter partnership deals with Greek companies to sell properties valued at up to £5 million, Jones Lang LaSalle residential director Tim Wright told Reuters. For homes above £5 million the buyer typically travels to view the property for themselves, Wright said.

‘We want to find a route to market as quickly as possible. We will gauge if people's appetite is as high as we have been led to believe anecdotally. We will dip our toe in the water with areas like Kensington and Chelsea and move to less exclusive parts of London if demand is deep enough,’ he explained.

The number of wealthy Greeks looking for London properties has soared since the summer's economic turmoil, real estate brokers and developers said. They are part of a growing number of overseas buyers of expensive central London homes who are attracted by the stability of the market and relative weakness of Sterling.

About 55% of central London homes bought for more than 32 million were bought by foreign buyers in the year to the end of September, up from 49% a year earlier, said property consultancy Knight Frank.
http://www.propertywire.com/news/eur...111095767.html
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Old November 10th, 2011, 08:11 PM   #2853
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that one is such an amazing project...oh btw westfield is considering to open another mega shopping centre in london



Quote:
Westfield says in talks to develop south London's Westfield's mega-mall plans

* Says Croydon is strategic location, under served by prime retail

* Key stakeholder says knows nothing of Westfield talks

* Process of finding Whitgift developer continues-stakeholder

By Brenda Goh and Andrew Macdonald

LONDON, Nov 10 (Reuters) - Australian developer Westfield's exclusive talks to turn a south London shopping centre into a third mega-mall in the city hit a hurdle when a key stakeholder said the process of selecting a development partner was still underway.

Earlier on Thursday, Westfield, developer of the blue-chip Stratford City mall in east London and the Westfield London mall in the west of the capital, said it was in talks with UK charity Whitgift Foundation to explore the possible redevelopment of Croydon's 1.2 million sq ft Whitgift mall.

Whitgift Foundation owns the mall's freehold . The leasehold is owned by companies including Irish Bank Resolution Corp. (IBRC), formerly Anglo Irish bank, and Royal London Asset Management. Media reports have said Westfield could also be in talks to buy a 50 percent stake in the leasehold.

"Our arrangement with Whitgift is designed to allow us now to work with all the parties concerned that have got an interest in there to try and bring forward the major development scheme," Westfield's John Burton, who oversaw the Stratford City mall project adjacent to the 2012 Olympic Games venue, said earlier on Thursday.

"In terms of commenting on the individual stakeholders and how they'll be affected and how we'll work with them (it) is clearly a little bit early," Burton told Reuters.

Royal London said later on Thursday it was surprised to learn of the talks between Westfield and the Whitgift Foundation.

"This has taken place without prior consultation with Royal London or, to our knowledge, the Whitgift Trust, whose ownerships jointly amount to approximately 75 percent of the centre and include the management responsibility," it said.

Royal London also said it was keen to progress the development of Whitgift, and was continuing the process of identifying the most appropriate partner to move the development forward.

"Whilst we at Royal London are admirers of Westfield's London developments, we are aware of several other major shopping centre developers similarly capable of delivering an excellent scheme in Croydon," Royal London said.

Burton was not immediately available to comment on Royal London's statement. The Whitgift Foundation and IBRC declined to comment.

Westfield said Croydon was a "strategic location" that could attract more than 3 million customers in an area that was "under-served by high quality retail and leisure facilities."

In February, IBRC appointed Jones Lang LaSalle to sell part of its 50 percent leasehold share to a development partner. The bank bought its stake in partnership with Howard Holdings in 2005 for 220 million pounds ($350 million).

If it goes ahead, the Whitgift project will likely provide a boost to the UK's anaemic mall pipeline, which, since the financial crisis, has been hurt by project delays and a slowdown in construction activity.
http://www.reuters.com/article/2011/...7MA0UV20111110
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Old November 10th, 2011, 10:15 PM   #2854
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Originally Posted by SO143 View Post
that one is such an amazing project...oh btw westfield is considering to open another mega shopping centre in london
Whitgift and the surrouding area is about the same size as Westfield White City so maybe they will come up with a similar design? Either way it's interesting news.
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Old November 11th, 2011, 12:24 AM   #2855
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The Wakefield should build their new shopping centre for South London in Crystal Palace... and rebuild it!
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Old November 11th, 2011, 03:42 AM   #2856
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i think so, as it's been described as a new mega shopping mall for south london, so i suppose it's size will be as big as the one in sheherds bush or stratford city. but i am not sure about why london needs a lot of mega shopping malls especially in this financial crisis time.
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Old November 11th, 2011, 07:29 PM   #2857
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Mayor Boris Johnson welcomes World Championships to London

Boris Johnson believes hosting the 2017 World Athletics Championships in London will be a milestone towards delivering the 2012 Olympic Games legacy promise.

The legacy that the Olympics will leave behind was at the centre of London's successful bid for the 2012 Games.

London mayor Johnson said: "The London team put together a cracking bid.

"With the 2017 championships now in the diary, next summer's London Games is the start of a long and active life for our magnificent stadium."
http://news.bbc.co.uk/sport1/hi/athletics/15701560.stm



Quote:
London beats Doha to stage 2017 World Athletics Championships

The World Athletics Championships will be held in the United Kingdom for the first time after London was selected ahead of Doha to host the 2017 event.

International Association of Athletics Federations (IAAF) president Lamine Diack said London won the vote 16-10.

The English capital, which failed with bids to host the 2001 and 2015 Worlds, will use the 2012 Olympic Stadium.

Bid leader Sebastian Coe said: "This bid has been developed by athletes and athletics, for athletes and athletics."

He added: "We believe 2017 will cement the clear, unambiguous vision we offered the world in 2005 [when London was awarded the 2012 Olympics], a vision that promised a real legacy through unprecedented levels of investment in our new national stadium.

The World Athletics Championships will be held in the United Kingdom for the first time after London was selected ahead of Doha to host the 2017 event.

International Association of Athletics Federations (IAAF) president Lamine Diack said London won the vote 16-10.

The English capital, which failed with bids to host the 2001 and 2015 Worlds, will use the 2012 Olympic Stadium.

Bid leader Sebastian Coe said: "This bid has been developed by athletes and athletics, for athletes and athletics."

He added: "We believe 2017 will cement the clear, unambiguous vision we offered the world in 2005 [when London was awarded the 2012 Olympics], a vision that promised a real legacy through unprecedented levels of investment in our new national stadium.
http://news.bbc.co.uk/sport1/hi/athletics/15688872.stm
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Old November 12th, 2011, 01:29 AM   #2858
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The Astorias Replacement

Supplementing One Oxford Street will be a second building, also designed by Allford Hall Monaghan Morris (AHMM) for Derwent.



Unlike the wholly commercial approach that its neighbour boasts, this one will have a bar and restaurant at ground level, contain a 350-seat theatre, with 3,827 square metres of additional office space only restricted to the upper levels. These are designed to be particularly flexible and appeal to multiple occupiers.

The development site was previously the famous Astoria venue, one of London's leading concert halls and the scene of many mythical gigs - as such it is proposed partly as cultural planning gain, and it was only in July 2010 that the idea of it also containing office accommodation was included.

Changes to the design meant that in September 2010 the massing of the building reduced from what was effectively a cube to the current stacked and twisted affair it is today, with three distinct blocks. The theatre seating increased in November 2010, and the diagrid look and EFTE cladding were the last piece of the design puzzle, introduced by AHMM in early 2011.

In having adopted the stacked and twisted look, the building is able to work around the ventilation shaft for the Crossrail station it will stand above, and also provide some visual rebellion against its staid and boring sibling.

Nonetheless, the plant screen will be a height of 39.5 metres above ground level almost matching One Oxford Street. Further visual coherence is provided by the first parapet line with a height of 16.5 metres that steps up towards the neighbouring parapet of One Oxford Street and the corner that that will overlook.

A new public square with trees and seating will be created between the buildings that will connect to Sutton Row and provide views through the site to St Patrick's Church, not to mention give those exiting the new Andrew Borde Street London Underground entrance a welcoming glimpse too.
http://www.skyscrapernews.com/news.php?ref=2975
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Old November 12th, 2011, 01:47 AM   #2859
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Asia and Middle East property investors see London as a safe bet

Property investors from the Asia and the Middle East are increasingly looking to buy real estate in London as they seek a stable market to put their money into, it is claimed.

Benham and Reeves Residential Lettings, one of London's largest, independent lettings agency, said it is receiving growing numbers of enquiries from landlords based overseas, in particular from Asia and the Middle East.

‘Overseas investors, particularly from the Far East, are pouring into the London property market, looking for high quality properties in prime central locations. It's estimated that around 55% of London property is currently bought by overseas investors,’ said Marc von Grundherr, lettings director.

‘UK developers are flocking to the Far East to sell properties at the region's trade shows and our offices in Hong Kong and Singapore are booked solid attending exhibitions and providing rental estimates for investors considering purchasing property in London,’ he added.

He explained that this is good news for London's renters as there is continuing undersupply of affordable rental homes, particularly studios and one bed apartments. The firm’s nine London offices are facing exceptional demand, particularly in areas like the City which recently experienced its busiest ever month.

New developments are popular, particularly established ones such as Pan Peninsula and Lanterns Court. But the lack of mid range properties and affordability are important issues prompting many tenants to look further afield to find more choice and better value for money, he added.

...
http://www.propertywire.com/news/eur...111115780.html
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Old November 12th, 2011, 02:30 AM   #2860
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Green light for Victoria office scheme

Land Securities’ plans to develop 203,000 sq ft of new office space in Victoria, SW1, has taken a big step forward this week, with Westminster City Council resolving to grant planning consent to redevelop Kingsgate House, 66-74 Victoria Street.

The development, designed by Lynch Architects, will encompass two new buildings replacing the existing office block. It will provide 203,000 sq ft of Grade A office space and 102 prime residential apartments. The public realm will be considerably extended, and include an attractive courtyard bordered by new shops and restaurants. Completion is currently scheduled for 2015.

Colette O’Shea, Head of Development, London Portfolio, Land Securities, commented: “Victoria is changing. We began our transformation of the area with Cardinal Place and we are already on site at three other schemes. Kingsgate House is another key stage in our plans to create the new West End destination.”

Land Securities announced in January 2010 that it would start work at Wellington House where 58 of the 59 apartments have now been presold, and 62 Buckingham Gate where construction is well underway. These are due to complete in summer 2012 and spring 2013 respectively. 123 Victoria Street, an office development which received planning approval in 2010, will complete in summer 2012.

Last month Land Securities secured resolution to grant planning consent for the development of new office space in the City of London at 1 New Street Square. The scheme will deliver around 250,000 sq ft of contemporary office and retail accommodation, replacing three existing buildings on the corner of Shoe Lance and Little New Street, EC4.
http://www.freeofficesearch.co.uk/Of...-Office-Scheme
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