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Land Securities has sold the 14,864 sq m (160,000 sq ft) of office space and 3,716 sq m (40,000 sq ft) of retail space at Grand Buildings in the Strand to Noriba Bank, a subsidiary of UBS, for about £140m. The building was completed in 1991 and is the base for Shell, the oil company, and Lattice, the power company. - (22-07-2003)
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The revised planning application for the 89,087 sq m (958,954 sq ft) office and retail 'Grand Union Building' development at Paddington, designed by Richard Rogers Partnership, is due to go to Westminster City Council planning committee on 14th March. It is thought that members of the Chelsfield led consortium will 'allez' from MIPIM to be back in time for the meeting. - (04-03-2002)
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The Royal Parks Agency is lobbying Westminster City Council to reject the plans for skyscrapers at Paddington. The RPA says that the proposed towers will have an intrusive effect on Kensington Gardens, Hyde Park and Regents Park and has demonstrated the possible impact with 'before' and after' illustrations. The RPA has stated that neither the Grand Union Building, by architect Lord Rogers, or The Station Tower by Nicholas Grimshaw for Railtrack, should be granted planning permission. - (23-11-2000)
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