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New development set for Mayfair location | 23 October 2012

A prominent site in London’s Mayfair looks set to be demolished in order to create a new multi-use commercial property, out-law.com reports.

Westminster Council has received planning permission from Legal & General Property to demolish the 1950s/60s Portland-stone clad building at 7-10 Hanover Square to make room for a new office scheme designed by Make.

If proposals are successful, the existing 58,000 square foot building will make way for seven-storeys of new office space, as well as a separate residential building and two restaurant or retail outlets at ground level. The residential properties will comprise of five dual-aspect, two bedroom apartments and a three-bed duplex penthouse.

The new offering would also benefit from the new planned new Bond Street Crossrail Station which – once completed in 2018 – will be right across the road.

Speaking to constructionenquirer.com of the development, head of business space development at Legal & General Property, Simon Wilkes, explained: “7-10 Hanover Square provides us with the opportunity to deliver premium quality office space in a prime West End location, where the market remains constrained in supply.

“Moreover, we feel that these carefully developed plans truly complement Westminster Council’s vision for the area and will help support its elevation to become one of the pre-eminent business addresses in London following the completion of the Crossrail station directly opposite.”

Written by David Howells on behalf of Qube Global Software

While posted by Qube Global Software all views expressed are not necessarily those of the company. All facts are verified where possible directly by the author.

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