Westminster City Council has granted planning permission for Almacantar’s revised Marble Arch Tower development.
The existing tower will be replaced with a residential building and an office building, both providing retail and leisure facilities on basement, ground and first floor, designed by Rafael Viñoly.
Almacantar originally received planning permission in June 2014 and submitted revised plans late last year.
Sir Robert McAlpine was engaged on a pre-construction deal in 2013, with Brookfield Multiplex vying for the main contract.
The new plans have a greater emphasis on office space with the first level of residential area in the Western tower now set aside for office space and an additional floor of housing added to the top of the tower, bringing it to 18 storeys, up from 17.
Total apartments now number 49, rather than 53.
Almacantar will also create a new Odeon cinema and 18,000 sq ft of new retail.
The affordable housing element of the scheme will be set aside at 466-490 Edgware Road, where Almacantar is also developing a new mixed housing and retail scheme.
This scheme will comprise 76 homes of which 47 will be affordable. The development will also see the reinstatement of the disused petrol filling station – marking the first new petrol station in London for over 10 years.