Derwent to develop new sites in 2013

Grant Prior 12 years ago
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Developer Derwent has confirmed plans to start on a string of projects next year to provide at least 400,000 sq ft of new commercial and residential space.

The biggest job in the pipeline for 2013 is the £150m transformation of a 1.4 acre site on Charlotte St in the West End of London.

The scheme will provide 323,000 sq ft of new office space alongside a 14,000 sq ft private residential development.

Detailed designs are currently being finalised with work set to start in mid 2013.

Other schemes starting next year include a 21,400 sq ft retail and residential development in Westbourne Grove.

Derwent said: “The pipeline is focused on mid-market rents, in areas where there are transformational transport links such as Crossrail and in the vibrant London villages of the future.

“Together with the good design that is so central to the spaces that we provide, we believe these factors will continue to attract a range of tenants, including those from the creative industries which are an important part of the London economy.

“We consider that these components, combined with the management team’s experience and skill, provide excellent prospects for future growth.”

 

 

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