Land Secs' Victoria developments continue to gain pace
Westminster City Council has granted planning permission for Land Securities to develop more than 30,000 sq m of office space and residential apartments in London.
Two new buildings will be created to replace the existing office block at the former Kingsgate House, which stretches from 66 to 74 Victoria Street. Work could start at the site next Spring and be completed by 2015.
Land Securities London head of development Colette O’Shea said: “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.”
The scheme will provide Grade A office space and 102 prime residential apartments as well as a courtyard bordered by new shops and restaurants.
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 underway by Sir Robert McAlpine and the schemes are due to be completed in summer 2012 and spring 2013 respectively.
The developer has also received planning permission at office development 123 Victoria Street which will complete in summer 2012.