British Land has today exchanged agreements with The Kennel Club confirming terms to relocate and develop a new headquarters for the Club in Clarges Street, facilitating the company’s plans to redevelop the entire site to create a landmark mixed use scheme.
Planning consent was originally granted in April 2011 for redevelopment of the site. The scheme comprised luxury private residential units fronting Piccadilly, retail and high quality offices in a separate block, and a new Kennel Club building. Since British Land’s purchase of the Clarges Estate in November last year it has worked with The Kennel Club and original architects Squire & Partners to relocate the proposed new club and amend and improve the original scheme. A revised planning application for the improved scheme is being submitted shortly with consent expected later this year.
Tim Roberts, Head of Offices at British Land, said “We’re excited by the opportunity to redevelop the Clarges Estate and our agreement with The Kennel Club is an important step in realizing our ambitions for this landmark site in Mayfair. The acquisition of Clarges demonstrates British Land’s ability to identify opportunities, deliver solutions and create value. We have agreed terms with The Kennel Club, as anticipated at the time of purchase, which enable us to redesign the scheme while also providing new modern premises for the club. This will enhance our central London development programme and strengthen further our presence in the West End.”
Rosemary Smart, Chief Executive of The Kennel Club, said, "The Trustees of the Kennel Club are delighted to have concluded negotiations with British Land as authorized by the members at our SGM in January 2013. The British Land team have listened carefully to the Club's requirements and have designed a brand new London headquarters building which will meet our future needs. This is an important event in the history of The Kennel Club and we look forward to working closely with their team over the coming years."
Source: British Land