Lambeth Council has granted planning consent for Delancey’s redevelopment of York House in London’s Waterloo area.
The council said it was minded to grant consent on the building, which Delancey owns in partnership with funds advised by Invista Real Estate, subject to completion of a section 106 agreement. The building has been rebranded as ‘Westminster Place’.
Redevelopment plans
Delancey plans to redevelop the building, which is on the South bank of the River Thames, to provide 345,000 sq ft of office space over 18 storeys, including 15 upper floors. It will provide floor plates of around 23,000 sq ft. There will also be a 10,000 sq ft roof terrace with views of the Thames and the Houses of Parliament.
The decision by the council supersedes the permission granted in July last year for a 245,000 sq ft scheme.
Paul Goswell, managing director at Delancey, said: ‘York House is an exciting new development, which will provide high quality, flexible and sustainable office space in a location that offers tenants affordability combined with very short travel times to the City, West End and other main central London districts.’
The building should be completed by the fourth quarter of 2010.
No comments yet