CLS to start work on £400m Vauxhall Square project in 2017

WCN Editorial Team 9 Mar 2016 EUROPE BUILDINGS

Developer CLS Holdings has confirmed plans to begin enabling works on phase one of its Vauxhall Square project in London in 2017.

 

In February 2016, the £400m project secured revised planning approval for replacement of a four-star hotel for more office space.

 

The revised 1.6m sq ft project will include 454 apartments in two 50-storey buildings and 124 affordable apartments, 353,300 sq ft of offices, a 186-suite hotel, shops, a multi-screen cinema, as well as a hostel.

 

CLS executive chairman Sten Mortstedt said: “Our current intention is for the main site to be developed in two phases, the first of which could start in 2017 with the demolition of some existing buildings and the construction of a three storey basement, including 188,370 sq ft of Grade A offices and a residential tower.

 

“We are working towards focusing on the commercial part of the scheme in which we have an established track record, and are considering finding a specialist partner for the development of the residential element.”

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