Park House development gets green light from Westminster (UK)

Land Securities announces that Westminster City Council's Planning and Transportation Committee resolved to grant planning consent for the Group's mixed use redevelopment of Park House on Oxford Street W1. Park House occupies an entire city block of 0.42 hectares at 453-497 Oxford Street, including 47 North Row and is bordered by Oxford Street to the north, Park Street to the west, North Row to the south and North Audley Street to the east.

Designed by Hamiltons Architects, the bold and contemporary design provides 100,000 sq ft of retail accommodation, 165,000 sq ft of office space as well as 39 high quality apartments which will take in views across Oxford Street and south Mayfair, integrating three distinct uses in one building. The scheme also includes significant improvements to North Row and public realm in the vicinity of the site. Welcoming the Committee's decision, Mike Hussey, Managing Director of Land Securities' London Portfolio said: "For too long progress in this important part of the West End has been restricted as a result of a poor architectural heritage. The Hamiltons design is creative, innovative and addresses the needs of the office and retail occupiers. The residential element of the scheme is going to be simply stunning."

Source: Land Securities

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