Ministerial green light for £1.2Bn Shell Centre plans

Ministerial green light for £1.2Bn Shell Centre plans

Braeburn Estates’ plans for the £1.2Bn redevelopment of the Shell Centre site on London’s South Bank have been approved by Communities and Local Government Secretary Eric Pickles, with construction work to start this summer.

 

The estimated £1.2Bn scheme will create an average of 700 engineering jobs on site over  six years, with some 1,630 workers at the peak of construction.

 

The 27 storey Shell Centre Tower will remain the centrepiece of the new site but will be complemented by eight new buildings, one of which will incorporate a further 245,000 sq ft of new offices and trading floors for Shell.

 

The scheme will create approximately 800,000 sq ft of office space in total (including the Shell Centre Tower). Furthermore 80,000 sq ft of new retail units, restaurants and cafés, will be accompanied by 800,000 sq ft of residential space incorporating up to 877 new homes.

 

Braeburn Estates is a joint venture between Canary Wharf Group and Qatari Diar. The 1.45 million sq ft mixed use project, comprising offices, residential and retail has been master planned by Squire and Partners.

 

Qatari Diar Group chief executive officer, Khaled Al Sayed said: “Our priority is to get this construction project moving, so that businesses, residents and visitors to the local area start to reap the benefits of this fantastic scheme as soon as possible.”

 

Sir George Iacobescu, Chairman and Chief Executive Officer, Canary Wharf Group, said: “We feel privileged to have this opportunity to play a role in regenerating this popular but somewhat neglected area of London.”

 

Director of the redevelopment for Shell, Richard Montgomery, said: “This redevelopment will enable us to continue to make a positive contribution to the South Bank and wider Waterloo area’s regeneration. It will also see Shell’s London staff all based in one location for the first time in many years.”

Please rate

Comments 

Name
Email
  Ctrl + Enter

Most Read

HS2 starts work on UK’s longest railway bridge

HS2 starts work on UK’s longest railway bridge

The Colne Valley Viaduct will be the UK’s longest railway bridge, stretching for more than two miles across a series of lakes and waterways between Hillingdon and the M25.   The railway bridge is designed to improve rail links between London, Birmingham and North, help

Ovarro pollution early-warning technology chosen by Anglian Water

Ovarro pollution early-warning technology chosen by Anglian Water

In a world-first, the UK utility is implementing early-warning system BurstDetect from technology company Ovarro, as part of its drive to eliminate serious pollution events in its region by 2025.   Through a dashboard, BurstDetect provides an overview of system status together with current

A smarter focus on wastewater flows and levels

A smarter focus on wastewater flows and levels

The Government has just concluded its consultation on developing a Storm Overflow Discharge Reduction Plan (SORP). Andy Godley, from the Water Research Centre (WRc), looks at the latest developments in wastewater flows and levels.   It is difficult to argue with the sentiments behind 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.