LGP has submitted the application on behalf of its Life Fund. Plans include the redevelopment of an existing 1950s/'60s office building located on the north-east corner of the square into a 58,000 square feet office-led scheme over nine floors, including a basement. The ground floor will include 9,800 sq ft of retail space and have two retail or restaurant units fronting the square. At the rear of the property, on Princes Street, there will be a separate residential building which will have six 947 sq ft residential units each with its own car space.
The building is expected to benefit from the planned Crossrail station, which will be situated directly across from the planned development and which is expected to be fully operational from 2018.
“7-10 Hanover Square provides us with the opportunity to deliver premium quality office space in a prime West End location, where the market remains constrained in supply" said LGP head of business space development Simon Wilkes. "Moreover, we feel that these carefully developed plans truly complement Westminster Council’s vision for the area."
MAKE Architects has developed the design for the building.
“We have worked closely with Westminster Council and other stakeholders to ensure the style and scale is suitable to this sensitive location," said MAKE Architects partner Cara Bamford.
If the Council approves the plans, LGP said it is hoping to start work on the site as soon as the building is fully vacant, with completion targeted for 2017.
