The Crown Estate is to embark on a £100m redevelopment project in London’s West End.
Morley House is located at 314-322 Regent Street and will be redeveloped to provide 11,000 sq ft of retail space and 44 residential units for rent.
The project forms part of The Crown Estate’s ongoing £1bn redevelopment of Regent Street and will be carried out with Kier Construction as main contractor and Waltonwagner as development manager.
Construction is expected to be completed in the summer of 2020.
Bob Dawson, head of the Regent Street portfolio at The Crown Estate, said: “Ongoing investments such as Morley House are an important part of our long-term commitment to London’s West End and support our vision to refocus the area north of Oxford Circus around high-quality lifestyle and leisure, complementing the fashion-led offer on the rest of Regent Street.”
The Crown Estate manages Regent Street on behalf of the Regent Street Partnership, a joint venture between The Crown Estate and Norges Bank Investment Management.
22 September 2017
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