Committee approval for Hanover Square Masterplan

RNS Number : 1377H

Great Portland Estates PLC

24 May 2011

 



24 May 2011

GPE received committee approval for Hanover Square Masterplan

Great Portland Estates plc ("GPE") has received resolution to grant planning permission from Westminster City Council ("WCC") for its proposed 205,000 sq. ft. development at Hanover Square, in the West End.

Designed by leading London architects Lifschutz Davidson Sandilands, the proposed scheme is a comprehensive Masterplan for GPE's 1.3 acre site bounded by Hanover Square, Tenterden Street, New Bond Street and Brook Street in Mayfair.  The development will be carried out around the Eastern ticket hall of the Bond Street Crossrail station on the North-West corner of Hanover Square.  GPE's proposals for the area will provide two new buildings, and the refurbishment of the Grade II* listed Georgian building at 20 Hanover Square.  The buildings will include high quality offices, international standard retail space on New Bond Street and six residential apartments on Brook Street.

Importantly GPE will also provide a new public Square as part of the proposals including new pedestrian links between New Bond Street, Brook Street and Oxford Street, to the north of the site.  The existing buildings on the site will be demolished over the next two years to make way for the new development.

Neil Thompson, GPE Portfolio Director, said; "We are delighted to have received support from WCC for this unique scheme. Working closely with the WCC Planners and our development partners at Crossrail, we have secured an opportunity to deliver world class retail and office space around a new public square, and with exceptional transport links, all in the heart of the West End."

Please click the below link to view the image of the proposed Hanover Square Development.

http://www.rns-pdf.londonstockexchange.com/rns/1377H_1-2011-5-23.pdf

 

Contacts:

 

Great Portland Estates plc                                                            

Toby Courtauld                                                                                 44 (0) 20 7647 3042
Chief Executive
                                                                                                       

Neil Thompson                                                                                  44 (0) 20 7647 3029
Portfolio Director

Finsbury Group                                                                              

Gordon Simpson                                                                                44 (0) 20 7251 3801

James Murgatroyd                                                                             44 (0) 20 7251 3801

 

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