Land Securities is to submit its plans for a £2bn office and residential scheme in London’s Victoria to Westminster City Council today.
The company aims to develop 2.9m sq ft of new space on the land to the north of Victoria station, including two residential towers of 134 metres each - reduced in height from the 168 metres and 138 metres that had originally been proposed - and 1.6m sq ft of offices. LandSecs will contribute £200m towards a new ticket hall for improvements to the Underground station. The existing bus station to the front of Victoria will be removed.
Westminster council is likely to consult on the proposals before making a final decision next spring.
The site has been masterplanned by Kohn Pedersen Fox.
LandSecs will not have to build affordable housing because of its payment towards the Underground improvements.