Planning permission has been granted for a £15 million refurbishment project at The Shaftesbury Centre in Ladbroke Grove, London.
Real estate investment trust Workspace Group is planning to replace the existing 13,000 sq ft building with a new, flour-floor business centre providing 41,000 sq ft of net klettable space.
The Shaftesbury Centre is directly opposite Pall Mall Deposit, which is also currently undergoing a refurbishment project. Once complete, the two centres will provide a range of services including a café and gym facilities.
Jamie Hopkins, Chief Executive of Workspace, said: "We are delighted with this decision, another positive planning consent which extends our exciting pipeline of refurbishments. The Shaftesbury Centre demonstrates our ongoing strategy to drive value from our existing portfolio as we continue to see strong customer demand for high-quality business centre space across London."
(LM/MH)
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