£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 

Ctrl + Enter

Most Read

Ten highest paying I.T jobs in 2019

Ten highest paying I.T jobs in 2019

The I.T industry is arguably the most in-demand industry for technology/Engineering professionals. Once you have the right skill and certification, the I.T industry will jump at the chance to employ you and grant you a befitting role. From application developers to Data Engineers, the sector is in

H2S: It’s an exciting time to be a civil engineer

H2S: It’s an exciting time to be a civil engineer

The High Speed Two (H2S) has been described as a game-changer and the greatest ever upgrade to Britain's railways, and without doubt, this United Kingdom’s high-speed rail project has been a hot topic. The H2S project aims to meet the United Kingdom’s high

The future of engineering in Artificial Intelligence

The future of engineering in Artificial Intelligence

Artificial intelligence (AI) is an aspect of computer science that is concerned with machine intelligence. Machine intelligence can be described as the theory and development of computer systems to have the capacity to carry out tasks that would ordinarily require human input or intelligence. Some

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.