Green light for £1bn ‘Harrods’ of Bayswater

Westminister council has approved ambitious plans to redevelop the Whiteleys shopping centre in west London.

OA joint venture between a Meyer Bergman-advised investment fund and Warrior Group aims to give the once grand Grade II-listed department store in Bayswater a new lease of life.

The Foster + Partners designed £1bn mixed-use scheme will see 500,000-plus sq ft of homes and shops built behind the existing 1911 facade.

The plan to build more than 100 homes, a mixture of apartments and townhouses.around an inner courtyard with new shops, a boutique hotel, gym and basement cinema, will incorporate the iconic central dome.

The scheme will open onto Queensway, which is also planned to undergo a £50m revamp.

Ref: Premier Construction News
11/04/16