Lendlease sells London office tower for flats revamp

Aaron Morby 1 month ago
Share

Developer Great Marlborough Estates has bought an old office block from Lendlease in West London to convert to flats.

Chiswick High Road office to flats scheme designed by Assael Architecture,
Chiswick High Road office to flats scheme designed by Assael Architecture,

The vacant block known as Empire House overlooks Chiswick High Road and will be revamped and extended to provide 137 homes.

The deal was negotiated during lockdown and is one of the largest residential transactions to take place since the start of the coronavirus pandemic.

Grant Lipton’s office to flats scheme

Great Marlborough Estates will create 66 in the block, while on adjacent land it will build 67 apartments and four town houses.

In line with changing consumer tastes post-lockdown, each home will benefit from private outdoor space in the form of either a balcony or garden.

Generous amenity space will include roof terraces and a new facade.

At ground level, 9,000 sq ft of retail and leisure space will be created.

 

Grant Lipton, co-founder of Great Marlborough Estates, said: “While Covid-19 has undoubtedly created some uncertainty, we remain committed to the long-term outlook for London and the capital’s property market thanks to strong underlying fundamentals.

“Acquiring this site in Chiswick marks a significant milestone for Great Marlborough Estates, further expanding our portfolio.”

Latest news

Green light for £1bn London hotel

Kensington Forum scheme is huge vote of confidence in capital's hospitality sector
19 hours ago

Pothole repair robot unveiled in Liverpool

University team hope AI technology will revolutionise road maintenance
15 hours ago

Lone Star offer to buy McCarthy & Stone for £630m

Private equity investor swoops with recommended cash offer to buy retirement homes specialist
22 hours ago

Legal & General signs construction deal with nine contractors

Southern construction partners chosen by Inspired Villages - more regions now up for grabs
22 hours ago

Priti Patel snubs plea to ease controls on foreign brickies

Some big brickwork contractors warn four in five workers are EU nationals
22 hours ago

Plans in for Poole quay housing and hotel scheme

Fisherman's Dock plan for 228 flats and boutique hotel
23 hours ago

McAleer & Rushe bounces back with £350m haul of orders

Spate of wins restores two-year order book to near pre-Covid levels
22 hours ago

Graham signs off £161m Aberdeen hospital deal

Work to start next month of Baird Family Hospital and ANCHOR cancer centre
22 hours ago

ISG starts new £50m Royal Marsden cancer centre

Oak Cancer Centre due for completion in Summer 2022
2 days ago

Vital Energi lands £6.58m energy centre deal

Specialist to build Combined Heat & Power centre on Galliford Try site
2 days ago
Vital Energi

Causeway Donseed offers non-contact site monitoring

Facial recognition makes access control Covid safe
2 days ago

Osborne wins prelims for £1.7bn Stonehenge route

Record £35m archaeological protection and excavation deal also signed
2 days ago

Industry door and window supplier collapses

North West's Total Glass falls into administration
2 days ago

Hill Group launches £300m London land grab

Land buying drive to boost housing pipeline in the capital
2 days ago

Mace £500m Stevenage town centre revamp approved

Mace says town centre plan is a blueprint for Government build back better ambitions
3 days ago

McAleer & Rushe wins Brixton archive and homes job

Final phase of Muse's Lambeth Town Hall scheme gets underway
2 days ago

Alumasc and Travis Perkins see sales continue to rise

Post lockdown demand continues but commercial construction lagging other sectors
2 days ago

Big name winners confirmed for CITB management training cash

Major contractors get £2.8m towards in-house training for senior staff
3 days ago

B&K starts £70m MediaCity resi scheme

14 and 17 storey blocks will contain 280 flats for sale
3 days ago

Civils outfit Bemus heads for liquidation owing £4.6m

Founder Sean Walsh applies for creditors voluntary liquidation
3 days ago

UWE Bristol to tender 900-bed student digs

Trio of six-storey blocks to be built at Frenchay Campus.
3 days ago

Amey trials pothole repair material made from old tyres

Unique rubber-modified material may be coming to Sheffield’s roads
3 days ago

HS2 reveals low-slung viaduct designs

Northamptonshire Edgcote and Lower Thorpe viaducts designed to be unobtrusive
4 days ago

Van Elle wins HS2 ground improvement deal

Firm will vibro pile 4,000 stone columns in north west London
4 days ago

Skanska wins Bristol Temple Street office job

Work to start next month on One Portwall Square project
4 days ago

Three sisters set-up plant hire business

Finnegan sisters buy first kit after securing funding deal
3 days ago

Network Rail SME spend tops £2.5bn for first time

Small and medium-sized firms account for 36% of total rail spend
4 days ago

Construction fears force immediate evacuation of London estate

Inspections raise serious concerns about Berkeley-built modular housing and student blocks
5 days ago

Bellway recladding costs overshadow hit from Covid

Pre-tax profit slumps 62% after £47m set aside for recladding and extra Covid costs
4 days ago

Workers stunned by construction pay freeze plan

Union slams "missed opportunity" to reward workers who have continued throughout pandemic
5 days ago

Contractor services