The scheme will be the first major speculative Kensington office development for over 10 years, including a high-grade headquarters building of 44,300 sf at 47/53 Kensington High Street. In addition there will be a 14,225 sf office refurbishment at 37/45 Kensington High Street, and a 12,000 sf former office building in Young Street will be converted to residential.

The development also provides 30,000 sf of new retail space in one of London's prime fashion led locations. Near neighbours include Zara, Miss Sixty, Urban Outfitters, Next and Miss Selfridge. The retail space will be split into two new flagship stores of 10,000 sf each plus three other units of between 1,750 sf and 4,500 sf and some catering units.

Demolition will commence immediately and the accommodation is scheduled for completion in late 2002. Chesterton is project managing the scheme and will be joint letting agent with Ian Scott International.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.