Derwent London secures Planning Permission for mixed-use South Bank scheme

Posted on 12 June, 2015 by Chris Grigorovsky

Derwent London has today announced that the London Borough of Southwark has granted planning permission for a new 110,000 sq ft mixed-use development at 40 Blackfriars Road, on the South Bank.

Derwent-London-secures-Planning-Permission-for-mixed-use-South-Bank-scheme

Designed by architects Lifschutz Davidson Sandilands, the 15 storey development comprises a 68,200 sq ft hotel, to be operated by lifestyle hotel group The Hoxton, and 41,800 sq ft of office space.

Director of Derwent London, Nigel George, commented: “We are delighted that Southwark Council has approved this exciting new mixed-use development. 40 Blackfriars Road will significantly enhance the area, add to the local amenities, and provide interesting spaces for hotel guests and office workers alike.”

40-Blackfriars-Road-Derwent-London

The hotel will have 192 rooms, a ground floor café/restaurant, conference space and a rooftop bar and restaurant.

Sharan Pasricha, Founder and CEO of Ennismore/The Hoxton added: “Southwark is an incredibly exciting part of London. South of the river is where we chose as home for our third London property because we’re big fans of the neighbourhood, especially the theatre and food scene and we’re looking forward to growing alongside it.

“We chose to work with Derwent London as they have re-imagined some amazing buildings in London and we’re continually impressed by their work.”

40-Blackfriars-Road-Derwent-London 2

Derwent London owns a central London focused commercial property portfolio spanning 5.7 million sq ft and valued at £4.2 billion.

The 40 Blackfriars Road scheme is due to be completed in 2018.




Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.


Recent Posts

Optimism from the Bank of England’s chief economist

The most expensive commercial properties.

Businesses operating from shared premises will miss out on grants

BA cuts 12,000 jobs, unions hit back

Media Streaming Service See Record Subscriptions

Covid-19 Causes Millions To Claim UK Furlough Scheme

America, Amazon Wants You!

UK Firms Battle To Survive

COVID-19 Grounds EasyJet Fleet

ECB Emergency Fight Back Aganist Covid-19

Aldi’s Expansion Plan

British Steel on the verge of collapse with over 20,000 jobs at risk

Paris watches as flames engulf one of France’s most famous landmarks

Debenhams on the brink of administration as board reject Ashley’s bid

Emmanuel Macron pushes for a new Europe with European Parliament elections on the horizon

Brexit impacts property market

Brexit uncertainty impacts the property market