The former 'Dragons Den' warehouse in London is to be converted into a new block of offices.

Legal & General received planning permission for the redevelopment, with Vantage set to complete the work.

The 47 Tanner Street warehouse, along with a new seven-storey building with a basement, will form a new office space. The new space will create approximately 500 new jobs.

Located within the Bermondsey Street Conservation Area, the former 'Dragons Den' building is the last undeveloped Victorian warehouse on the street. It will be sensitively restored during the work.

The new building will include a geometric seven-storey addition in two setback glazed tiers with roof terraces at fourth, six and roof level. It will be detailed with exposed steel horizontal structures separating the floors and expressed vertical fins to the two floors of the uppermost tier. At basement level there will be ancillary cycle parking and shower facilities.

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Nigel Fuller, Senior Fund Manager at Legal & General, said: "The redevelopment of 47 Tanner Street will be a strong example of how we can transform existing buildings in prime urban locations into much needed modern office space. There is a huge demand for this type of office space from occupiers who recognise the importance of their work environment to improve their staff’s well-being and productivity."

The scheme has been designed by architecture firm SPPARC to achieve BREEAM Excellent

Trevor Morriss, Principal at SPPARC said: "Our proposed scheme is characterised by the oversailing additions being brought to the street in an angled brick prow. The glazed tiers, which are set back and sit two storeys higher, allow the masonry façade to be celebrated within the existing context of the site. The scheme will provide flexible high-quality creative workspace that complements the established residential and commercial communities of the area."

Work is scheduled to start on site in 2019.

(CM/MH)