Green light for £1bn ‘Harrods’ of Bayswater
Westminister council has approved ambitious plans to redevelop the Whiteleys shopping centre in west London.OA joint venture between a Meyer Bergman-advised investment fund and Warrior Group aims to give the once grand Grade II-listed department store in Bayswater a new lease of life.
The Foster + Partners designed £1bn mixed-use scheme will see 500,000-plus sq ft of homes and shops built behind the existing 1911 facade.
The plan to build more than 100 homes, a mixture of apartments and townhouses.around an inner courtyard with new shops, a boutique hotel, gym and basement cinema, will incorporate the iconic central dome.
The scheme will open onto Queensway, which is also planned to undergo a £50m revamp.
Ref: Premier Construction News
11/04/16