X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

LONDON-Shell International and Lend Lease have revised their plans for the regeneration of the Shell Centre on the South Bank. The new application to the London Borough of Lambeth envisages a mixed-use quarter of offices, shops, restaurants, cafes, leisure facilities and civic space.

The project will consist of 345,000 sf of office space; 79,000 sf of retail; 43,000 sf of catering space; 120,000 sf of sports facilities and 51,000 sf of conference/meeting room space. Subject to planning permission, the new scheme – to be called Belvedere Court – could be completed by 2004.

The area around the Shell Centre – headquarters of the oil company since 1963 – has been transformed since the Eurotunnel terminal opened at Waterloo station to the south of the site and the London Eye attraction opened just to the north. Reflecting this, Shell had originally planned more retail to captalise on increased pedestrian flows. But the revised scheme, drawn up in consultation with Lambeth, has cut the retail content in favour of more offices.

The public areas will include a new pedestrian street linking York Road to Belvedere Road and a central courtyard where outdoor entertainment can be staged and which will be the focal point of Belvedere Court. Shell Chairman Philip Watts said: ‘The plans aim to give the area round Shell Centre a greater sense of energy, making Shell Centre a more welcoming and accessible space, with more shops, offices and community facilities.’

Montagu Evans is planning advisor and joint retail/leisure agent with CB Hillier Parker. Knight Frank is understood to have won the office leasing instruction.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.