Land Securities confirms that full planning consent has been granted at appeal for its 1.04 million ft² (96,450 m²) mixed use development of Arundel Great Court, WC2. The detailed plans, by award winning architects Horden Cherry Lee and Wilkinson Eyre, will transform a historically and strategically important area linking the West End and the City of London.
Commenting on the decision, Colette O'Shea, Head of London Development at Land Securities, said: "We are delighted with the Planning Inspector's decision to grant full planning consent for our Arundel Great Court development. The mixed use scheme will transform the existing site from an uninspiring monolithic office block to a thriving new commercial and residential hub. "Land Securities is committed to promoting the future of London, and as such we are excited to be adding another exemplary development to our long term pipeline."
The development will create two new buildings, an office building located at the north of the site, on Strand, and a residential and hotel building to the South which will exploit the unrivalled views along the River Thames. The scheme will deliver private housing, a new 5- star hotel, and premium offices complemented by shops and public space.
Recent lettings have secured income until the end of 2012, with the earliest delivery of the scheme not anticipated before 2015.
Source: Land Securities