London’s £400m Vauxhall Square scheme revised

Aaron Morby 2 years ago
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Developer CLS has gained planning approval to switch a planned four-star hotel for offices on its £400m London twin-tower Vauxhall Square scheme.

Vauxhall Square includes 454 apartments in two 50-storey towers

The amended 1.6m sq ft scheme will now comprise 454 apartments in two 50-storey towers and 124 affordable apartments, 353,300 sq ft of offices, a 186 suite hotel, shops, a multi-screen cinema and a hostel.

A spokesman for the firm said there was still no start date for the massive luxury apartment-led scheme in Nine Elms.

The overall scheme also includes a 454 bedroom student block, the land for which was sold to Urbanest, the specialist student accommodation developer and operator, in December. Work has still not started on this element of the scheme.

Sten Mortstedt, executive chairman of CLS Holdings, said: “We are delighted to have increased the element of offices in our Vauxhall Square scheme, which plays to our strengths as office specialists.

“They will bring much needed commercial space and jobs to an undersupplied area at a time of high occupational demand and rising office rents.”

 

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