£450M Marble Arch Tower redevelopment approved

£450M Marble Arch Tower redevelopment approved

Almacantar has been granted planning permission by Westminster Council for a comprehensive redevelopment of Marble Arch Tower in central London.

 

The scheme is reported to be worth between £400M and £450M but an Almacantar spokesperson would not confirm that.

 

The project will see the existing 47 year old tower demolished and replaced with two new buildings comprising apartments, offices, shops and a new cinema. New public realm space will also be created as part of the project.

 

The two new buildings will be 17 storeys and 7 storeys. The taller, Western building will include residential apartments with shops and cinema at ground level, while the Eastern building will be dedicated to commercial office space with shops on the lower ground, ground and first floors.

 

In total the plans for redevelopment include 123,000 sq ft of modern flexible office space, 36,000 sq ft of new shop units and 53 private apartments.

 

Almacantar development director Kathrin Hersel said: “This development will create two timeless, beautiful buildings which will become a new landmark for the West End.  Our plans will deliver world class residential, retail and office space in a prestigious setting overlooking the finest of the Royal Parks.”

 

Almacantar has also received planning permission for a new mixed housing and shopping scheme at 466-490 Edgware Road, including a substantial affordable housing component.

 

The development will include 76 townhouses and apartments of which 47 will be affordable housing. The scheme will also see the reinstatement of the disused petrol filling station – marking the first new petrol station in London for over 10 years.

Please rate

Comments 

Name
Email
  Ctrl + Enter

Most Read

The government has cut £1bn from the rail infrastructure budget

The government has cut £1bn from the rail infrastructure budget

Rishi Sunak had previously promised record infrastructure investment as part of the government's "levelling up" agenda. Until now, Network Rail's "enhancement" budget for the five year period from 2019-24 had been set at £10.4bn. But, this week rail minister Chris Heaton-Harris said

Farringdon-first Central London station to complete construction

Farringdon-first Central London station to complete construction

Construction work at Crossrail’s Farringdon station has come to an end.The station becomes the first central London station along the new line to reach the T-12 landmark; this means the station is substantially complete and it is now considered to be 12 weeks away from handover to

TfL allocates extra cash to fix ageing bridges and tunnels

TfL allocates extra cash to fix ageing bridges and tunnels

Of that, TfL’s major asset renewals programme will receive a £135M additional investment to repair key bridges and tunnels. TfL figures show that about 200 out of 500 bridges and other structures that it maintains in the capital have sections in "poor" or "very poor" condition. The

This website uses cookies to enhance your user experience. By continuing to use this site, you consent to our use of these cookies. See our Cookie Policy.