Mayfair "landmark" granted council approval for building renovations
Westminster Council has granted an extension and alterations to the office building at One Stanhope Gate in London’s Mayfair.
The plans, submitted by Lothbury Investment Management Limited, on behalf of Lothbury Property Trust, involve the addition of two additional floors to the building.
An additional seventh floor is being created to house the building services. This has been designed so that it is not visible from any street level views and occupies the minimum space required. Upon completion, One Stanhope Gate will comprise 35,750 sq ft across six floors of Grade A office accommodation, increased from 32,850 sq ft.
Other plans also include a rooftop terrace, façade alterations and internal reconfiguration of the ground floor and the cores.
Mark O’Mullane, director at Lothbury Investment Management Limited, said: “As well as being a highly desirable building in an unrivalled Mayfair location, One Stanhope Gate was the first direct development by Lothbury Property Trust back in 1999.
“The planning consent is in line with the fund strategy of repurposing prime assets to add value and respond to modern occupier requirements.
“A major refurbishment and extension will enable us to enhance the value and liquidity of this prime asset, improving its sustainability credentials to achieve a BREAAM Excellent rating once complete.”
The architects for the scheme are architects and interior designers, Marchini Curran Associates (MCa).
Des Curran, director of MCa, said: “Materials have been selected carefully to ensure visual cohesion with the surrounding buildings”.
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