Land Securities has welcomed the recent High Court ruling that has finally ended the uncertainty regarding the planning permission for its Park House scheme at the west end of Oxford Street, London.
This follows the defeat in the High Court of two Judicial Review challenges brought by the partners of Fladgate LLP in relation to Westminster City Council's planning decisions for the scheme. Mr Justice Collins refused to quash the two planning consents which were the subject of the challenge.
Located in Mayfair and fronting onto Oxford Street, the mixed-use scheme represents the biggest development on London's famous shopping street in over 40 years and the biggest office development in Mayfair during the last decade. It will play a major role in maintaining Oxford Street's reputation as a world class destination.
Source: Land Securities