The proposals follow Marks & Spencer's decision to relocate to a network of head offices, including Waterside House, Paddington in 2004. The redevelopment of Michael House would include: 648,681 sf of new office space over eight floors; 32 new homes on Rodmarton Street; a range of new shops and cafés and a health club with swimming pool.
Chris Williams, Marks & Spencer Director of Property, said: "These redevelopment proposals aim to create a new and exciting mixed use development to further enrich Baker Street, as well as creating the opportunity to release a significant financial asset for the business."
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