Land Securities is continuing its focus on transforming Victoria after it submitted a planning application to develop more than 30,000 sq m of office, residential and retail space at a site in the central London district.
The developer will turn the former Kingsgate House (pictured), which stretches from 66 to 74 Victoria Street, into two new buildings, covering about 31,500 sq m.
The plans have been designed by Patrick Lynch Architects and seek permission to break up the post-war building to develop 102 residential apartments and almost 20,000 sq m of office space.
The development will also include about 2,600 sq m of shops and restaurants and is one of several sites being developed by the firm in the area.
Head of development for the firm’s London portfolio, Colette O’Shea said: “We have already kick-started our ambitious development programme that will see the area in and around Victoria Street transformed.
“Our plans for Kingsgate House will play a vital part in continuing to transform Victoria into a distinct and vibrant destination, responding to the modern requirements of those who live, work and visit the area.“
Land Securities is already developing sites at Wellington House and 62 Buckingham Gate, which are due to be completed in summer 2012 and 2013 respectively.
The Wellington House development will contain 59 new homes while a 13-storey, prism-like structure incorporating prime office space and retail units is being developed at 62 Buckingham Gate.
The firm received planning permission to redevelop 123 Victoria Street at the end of 2010 and hopes to complete work to include retail and office space by summer 2012.