Development Securities has won planning for its £250m Hammersmith town centre redevelopment.
The office-led scheme got planning from Hammersmith and Fulham Council last week.
The site, which is currently owned by Transport for London and used as a car park, can now be developed as a ten-storey office development in conjunction with Development Securities’ funding partners Royal London and National Bank of Dubai.
The plans include 325,000 sq ft of offices, a 20,000 sq ft cinema and 15,000 sq ft of restaurants, as well as an area of public space. The scheme has been designed by Hamiltons Architects.
Simon Hesketh, director at Development Securities, said: ‘We are delighted to be bringing forward this £250m investment into the borough, which will regenerate this important site, create employment and add welcome town centre uses to reinforce Lyric Square.’