A joint venture between a Meyer Bergman-advised investment fund and Warrior Group aims to give the once grand Grade II-listed department store in Bayswater a new lease of life.

The Foster + Partners designed £1bn mixed-use scheme will see 500,000-plus sq ft of homes and shops built behind the existing 1911 facade.

The plan to build more than 100 homes, a mixture of apartments and townhouses.around an inner courtyard with new shops, a boutique hotel, gym and basement cinema, will incorporate the iconic central dome.

Exterior of the existing building will be retained although it will be extended up with two extra floors

  A new public courtyard will be at the heart of the new scheme

A hotel is planned to boost footfall and bring the leisure and retail scheme to life

The scheme will open onto Queensway, which is also planned to undergo a £50m revamp.