South Molton Street Development, Building, Project, News, Design, Property, Image
South Molton Street London
Oxford Street Building Development, Mayfair, England – design by DSDHA, Architects
20 Mar 2009
South Molton Street Building
KENMORE AND APPLEY SECURE PLANNING ON LANDMARK OXFORD STREET REDEVELOPMENT
South Molton Street Development
Kenmore Property Group (“Kenmore”) and Appley Properties have this week received planning approval from Westminster City Council for the redevelopment of the Hog In The Pound pub site at the junction of Oxford Street and South Molton Street London, W1.
Plans for the proposed redevelopment, designed by DSDHA architects, outlines the replacement of the existing ‘Hog In The Pound’ pub with a new mixed-use retail, office and residential scheme. The new development will comprise a retail unit extending over the basement, ground and first floors of the building, with a further four floors of office and residential accommodation above, totalling circa 9,000 sq ft NIA.
Sean Slade, Managing Director of Appley, comments: “This is a world class site, located in one of the most prominent retail destinations in the West End, which benefits from an annual footfall of close to 20 million. We are creating a striking new eco building which will transform this important gateway.”
Jim Worsfold, Associate Director of Kenmore Property Group, adds: “We are delighted to secure consent for this landmark scheme. The proposed development is architecturally bold whilst being respectful of its sensitive surroundings, and will provide a significant improvement to both South Molton Street and Davies Street.”
South Molton Street Development image / information from Kenmore Capital 200309
South Molton Street Building : completion photos
Kenmore Property Group
Kenmore is a co-investing, trading and development property and fund management group active in the UK, Europe and Middle East. The group invests in properties that provide added-value opportunities on an asset by asset basis through joint venture vehicles, and development opportunities that have strong market demand.
Based on cost value Kenmore has £2.0 billion of investments and developments across the UK and in France, Holland, Germany, Belgium, Sweden, Norway, Finland, Dubai and Qatar. Kenmore currently has offices in Edinburgh, London, Manchester, Birmingham, Bristol, Leeds, Paris, Stockholm, Helsinki, Berlin, Antwerp and Dubai. The Group currently manages over 2,500 tenants with a rental income in excess of £130 million.
In September 2006, shares in the first public fund managed by Kenmore – The Kenmore European Industrial Fund Limited (“KEIF”)– commenced trading on the London Stock Exchange after raising £140 million of equity. KEIF invests in industrial property across central Europe and Scandinavia and has delivered its dividend commitment as set out to investors at launch.
Appley Properties Limited – Appley is a private property Company focusing on commercial and mix use projects in London and the South East of England. Joint Venture partners include GE RealEstate and Schroders Gresham Fund
Location:South Molton Street, London, UK