Green light for Victoria office scheme

Land Securities proceeds with Kingsgate House

Article posted: 04 Nov 2011

Land Securities’ plans to develop 203,000 sq ft of new office space in Victoria, SW1, has taken a big step forward this week, with Westminster City Council resolving to grant planning consent to redevelop Kingsgate House, 66-74 Victoria Street.

The development, designed by Lynch Architects, will encompass two new buildings replacing the existing office block. It will provide 203,000 sq ft of Grade A office space and 102 prime residential apartments. The public realm will be considerably extended, and include an attractive courtyard bordered by new shops and restaurants. Completion is currently scheduled for 2015.

Colette O’Shea, Head of Development, London Portfolio, Land Securities, commented: “Victoria is changing. We began our transformation of the area with Cardinal Place and we are already on site at three other schemes. Kingsgate House is another key stage in our plans to create the new West End destination.” 

Land Securities announced in January 2010 that it would start work at Wellington House where 58 of the 59 apartments have now been presold, and 62 Buckingham Gate where construction is well underway. These are due to complete in summer 2012 and spring 2013 respectively. 123 Victoria Street, an office development which received planning approval in 2010, will complete in summer 2012.

Last month Land Securities secured resolution to grant planning consent for the development of new office space in the City of London at 1 New Street Square. The scheme will deliver around 250,000 sq ft of contemporary office and retail accommodation, replacing three existing buildings on the corner of Shoe Lance and Little New Street, EC4.

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Posted by Jo