LONDON-CLS Holdings has received planning approval for a 1.5-million-square-foot mixed-use scheme at Vauxhall Square in London. The project will include 520 new homes and 110 affordable homes, a 123-suite hotel and a 278-bedroom hotel, 244,685 square feet of offices and 33,572 square feet of retail space as well as 359 student rooms and a 50-bedroom hostel for the homeless.

The cost of the project is expected to reach more than GBP 500 million. Construction is scheduled to start in 2015. For the full story, go to PropertyMall . News Hub is your link to relevant real estate and business stories from other local, regional and national publications.