The £80 million ($116 million) project at 190 Great Portland Street will comprise 13,606 sf of retail; 2,745 sf of leisure space; 110,891 sf of offices; a 15,188 sf health & fitness facility and a 3,229 sf showroom.
Paul Gittings of GPE said: 'Following our redevelopment of 160 Great Portland Street and the rejuvenation of Market Place, this consent represents further evidence of how a close and pragmatic working relationship with Westminster City Council can breathe new life and energy into this area. Rents north of Oxford Street, where the majority of our £800 million ($1.16 billion) West End portfolio lies, show the greatest potential for growth,' he asserted.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
