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The Crown Estate has won planning consent for the first phase of its mixed-use redevelopment ‘Quadrant’ scheme at 83-97 Regent Street, London, W1. The 9,290 sq m (100,000 sq ft) phase has an approximate 75:25 split between offices and retail/residential. The block also faces onto 12-20 Swallow Street and 10-13 Vine Street. Construction is expected to start within three months and take two years. - (25-01-2005)
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The Crown Estate has submitted proposals to Westminster City Council for it’s £500m mixed-use scheme for the redevelopment of the southern part of Regent Street, London, W1. The scheme, named ‘The Quadrant’, is for 90,000 sq m (968,760 sq ft) of space and includes a five-star hotel, apartments, and about 60,386 sq m (650,000 sq ft) of office space. The scheme includes Regent Street, Brewer Street, Glasshouse Street and Aire Street, and has been designed by architect Allies & Morrison with CB Richard Ellis advising on the development. - (18-02-2004)
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The Crown Estate is being tipped to appoint the partnership between Greycoat and Morley Fund Management as the developer of Chesham House at 132-154 Regent Street, London W1. The 9,662 sq m (104,000 sq ft) scheme designed by Squire and Partners, was recently granted planning permission and involves the demolition of the existing Grade II-listed Chesham House behind retained facades on Regent Street, Beak Street and Regent Place. The scheme will also create a new façade to Warwick Street and a new fifth floor. The basement, ground and first floor levels will house retail space, with office space provided on the upper levels. - (03-05-2003)
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The Crown Estate has gained planning permission for its redevelopment plans at 229-247 Regent Street, London W1. The development will provide 10,683 sq m (115,000 sq ft) of offices above 5,388 sq m (58,000 sq ft) of retail and leisure space in three units. The scheme will also include 10 apartments. The development manager for the £200m scheme is Stanhope and the scheme is expected to start on-site in early 2003 for completion in spring 2005. The Crown Estate has also submitted planning applications for three other blocks at 185-191 Regent Street, 132-154 Regent Street and 13-17 New Burlington Place. CB Hillier Parker is advising the Crown Estate. - (10-11-2002)
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Stanhope plc is to be The Crown Estate's development partner in the £200m mixed-use (including 100,000 sq ft of offices) regeneration of Regent Street in Central London. A planning application for the scheme was submitted to Westminster City Council in June and is currently under consideration. The scheme includes provision of state-of-the-art residential, retail and office space. 229-247 Regent Street, between Hanover Street and Princes Street, near Oxford Circus, is the first phase of the scheme. It will contain almost 180,000 sq ft of space. This will include around 100,000 sq ft of offices and 60,000 sq ft of retail space, including 30,000 sq ft for flagship store.
- (19-11-2001)
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The Crown Estate has announced a ten-year plan to spend £500m on improving property in Regents Street, London W1 to provide modern office and retail space. The Crown Estate is consulting the public on the plans and is emphasising that it intends to preserve the character of the Nash-designed street.
- (20-05-2001)
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The Crown Estate acquired Fleet Place House, London EC4 in January 2001 from Heron London Developments for £59.9m, reflecting a net initial yield of 6.7%. CB Hillier Parker acted for the Crown Estate and Insignia Richard Ellis for Heron. - (02-02-2001)
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