McAleer & Rushe got the go ahead last night to demolish Leicester Square’s Swiss Centre
Northern Irish developer McAleer & Rushe got the go ahead last night to demolish Leicester Square’s Swiss Centre to create a hotel and leisure complex.
McAleer & Rushe bought the landmark from British Land in 2004 for £47m and submitted plans to redevelop the 112,000 sq ft (10,405 sq m) building as a mixed-use scheme with retail, restaurants, offices, flats and a hotel in March.
Its plans, produced by Jestico & Whiles, feature a 100,000 sq ft (9290 sq m), 230-bedroom, four-star hotel, alongside 16,000 sq ft (1,486 sq m) of retail and 10 penthouse apartments. The 40,000 sq ft (3,716 sq ft) basement, split across three levels, will contain restaurants and a casino.
Jones Lang LaSalle acted for British Land; Stan Cooney & Associates acted for McAleer & Rushe.
Jones Lang Lasalle is agent on the hotel space; CB Richard Ellis is retail and leisure agent.