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Shell Centre gets redevelopment green light

Posted by Marianne
June 11, 2014 in Property Development

The renovation of Shell Centre in London has been approved, after communities secretary Eric Pickles overruled objections about the project.

Built in 1961, the building has become a familiar site on the South Bank, and the  mezzanine flooring  mezzanine flooring-topped 27-storey main tower acts as something of an iconic backdrop to the London Eye.

Under the redevelopment plans, the structure will not change, but most of the other buildings on the site will be demolished. A mixed-use space will be created that will include a new 37-storey office tower.

In total, around 800,000 square foot of  office flooring  office flooring will be delivered under the plans, alongside a further 80,000 sq ft of retail space extending over eight new buildings.

A major drive of the initiative will also see over 875 new homes be built, the majority of which will be executive in style. Twelve percent of the homes will be affordable housing.

Talking about the plans that his firm has in place, the chairman of Canary Wharf Group, Sir George Iacobescu, said that they would also see the creation of a new public park: Mr Iacobescu added:

“We feel privileged to have this opportunity to play a role in regenerating this popular but somewhat neglected area of London.”

The redevelopment was opposed over worries that it would detrimentally affect one of the River Thames’ most historic sites and block views.

However, commenting that the plans were of a consistent “high quality”, Mr Pickles overruled the objections submitted by English Heritage, the Twentieth Century Society, local residents and Westminster Council.

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