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 

Ctrl + Enter

Most Read

Some thoughts on the place of Women in Engineering

Some thoughts on the place of Women in Engineering

According to the latest women in engineering statistics from EngineeringUK 2017 report “women make up only 1 in 8 of those in engineering occupations and less than 1 in 10 of those in an engineering role within an engineering company”.  Would having more women engineers help tackle

Post-Brexit impacts of engineer skills shortages on construction

Post-Brexit impacts of engineer skills shortages on construction

How is the UK going to cope after Brexit?  According to a report from IHS Markit data research firm, based on answers from over 400 recruitment agencies, demand for staff rose sharply across the private sector in April. However “demand for staff is growing within all sectors and all

Congratulations to Tina White!

Congratulations to Tina White!

This month the Anglo family celebrates a BIG Anniversary for one of our longest standing  team members, Tina White, who has been working and leading the Water Team for 22 fantastic years in 2017! It is hard to imagine for some of our youngest staff that someone has been working tirelessly for

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.