Land Securities continues to revitalize Victoria with new development plans (UK)

Land Securities has submitted a planning application to redevelop Kingsgate House, SW1 into approximately 341,000 ft² (approx. 31,700 m²) of contemporary office, residential and retail accommodation, and to considerably extend Victoria's public realm.

The detailed plans, prepared by Patrick Lynch Architects, seek permission to break up the mass and bulk of an outdated post-war building on Victoria Street, into two new buildings, enabling Land Securities to create much needed public space for the area such as an attractive courtyard with seating. The scheme will provide 203,000 ft² of grade-A office space, 29,000 ft² of shops and restaurants, and 102 prime residential apartments – many with spectacular views from their balconies and roof terraces.

Kingsgate House which sits on 66-74 Victoria Street, marks the latest milestone for Land Securities' transformation of Victoria. Following the success of Cardinal Place, Land Securities was first to restart development in London following the downturn, announcing in January 2010 that it would start work at Wellington House and 62 Buckingham Gate. These are due to complete in summer 2012 and spring 2013 respectively. At the end of 2010, the redevelopment of 123 Victoria Street received planning approval and will complete in summer 2012.

Colette O'Shea, Head of Development, London Portfolio, Land Securities, commented: "We've already kick-started our ambitious development program that will see the area in and around Victoria Street transformed. Our plans for Kingsgate House will play a vital part in continuing to transform Victoria into a distinct and vibrant destination, responding to the modern requirements of those who live, work and visit the area."

Source: Land Securities

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