RE Capital secures planning consent for flagship in Victoria

We are delighted to report that a resolution to grant planning consent from Westminster City Council (WCC) has been secured for the new two-storey extension, replacement façade, use class designations and internal re-modelling on Greycoat Stores, 10 Greycoat Place.

This key milestone in the project represents two years of intensive design work and consultation with WCC and local stakeholders. The planning committee approved the plans unanimously and having tendered the main construction contract, the decision allows us to move to the financing process and construction commencement in Q4.

The development will be built to the highest sustainability standards to achieve BREEAM Excellent, as well as Wiredscore Platinum and Wellness Certifications. The proposed roof extension recently won the Tekla BIM structural design award.

“We are extremely proud to have secured this resolution to grant planning consent from Westminster City Council, which represents a fantastic achievement for the whole project team. The scheme will offer one of the most compelling end-user experiences available in the market, bringing to life the rich history of the original building, whilst providing highly sustainable leisure and work spaces with some of the most outstanding views in London,” said Simon Banks, Head of UK at RE Capital.

Newman Leech, CEO of RE Capital, added: “This is an excellent milestone for this exciting project which supports one of our corporate objectives to deliver best-in-class sustainable office buildings in core locations. The decision maintains our 100% success record in securing planning approvals in the UK and we look forward to starting construction later this summer.”