Mixed development will result from Dacre Street redevelopment
28 November 2017
Planning consent has been granted for the redevelopment of Dacre House in London's Dacre Street, which was acquired by Floreat Real Estate last year.
Having submitted the application in partnership with Arbrook Land, it was announced that the works will begin in January 2020, when the existing leases expire.
Designed by architect Darling Associates, the plans include the extension of the building, within an existing rear lightwell, and the addition of two storeys.
This will create a seven-storey building and provide 20,000 sq ft of office accommodation and two new retail units of 4,650 sq ft.
Completion of the project is expected to coincide with that of the Ten Broadway scheme on the former New Scotland Yard site, which is opposite Dacre House.
Floreat Real Estate asset manager Greg Davison said the development provides an "outstanding opportunity" to create Grade A space and improve the immediate area, in conjunction with the Ten Broadway project.
Arbrook Land director Tim Stotesbury said the Dacre House scheme will "provide some of the best 3,000 sq ft floors in the West End with landscaped terraces, views across London and excellent natural light from three elevations".