Located in London, United Kingdom , Breaking News was designed by Editorial. Land Securities has today (Tues 19 Jan) announced the restart of three key West End projects halted during the financial crisis. The pivotal move follows two gigantic cash injections funded by a £756m GBP rights issue and the sale of £520m of property in the summer of last year. Park House, Selbourne House and Wellington House in London will now recommence works with all three projects expected to complete by the end of 2013.
Park House by Hamilton Associates is the largest development on Oxford Street in 40 years with 15,140 sq m office space, 8,140 sq m retail and 5,380 sq m residential space. With its piling works completed in April 2009 the project is ripe for continued development.
Selbourne House by Pelli Clarke Pelli and Swanke Hayden Connell will provide 11 floors of new office space in a unique design featuring a folded façade which responds to its surroundings.