Grosvenor Britain & Ireland (Grosvenor) is pleased to announce that Westminster City Council resolved to grant approval tonight, Tuesday 18 October, to create 420 sq m of new retail space on Pimlico Road as well as two new apartments for rent to grow Pimlico Road’s global appeal as an independent design and retail district.
The plans will see Grosvenor retain and restore the historic character of the existing buildings including preserving the double height space of the timber yard, known as Newson’s Yard, whilst creating two larger and two smaller retail units from the existing five to complement the existing retail mix in the location. It will also reconfigure five existing residential apartments into seven which will be retained by Grosvenor as part of its market-let portfolio.
Will Bax, Director of Placemaking, Grosvenor’s London estate commented: “This is an important milestone for Pimlico Road. We consulted more than 200 people – residents, businesses and stakeholders – in reaching these plans which we believe will provide a welcome boost to the area. We remain committed to growing Pimlico Road’s global appeal as an independent design and retail district whilst protecting the unique character of the place for retailers, residents and visitors for the long term.”
For more information contact:
Naomi Curtis, Head of Media Relations, Grosvenor Britain & Ireland
Phone: +44 207 312 6479
Notes to Editors
Grosvenor Britain & Ireland
Grosvenor Britain & Ireland creates and manages high-quality neighbourhoods across the UK and Ireland. The company’s diverse property development, management and investment portfolio includes Grosvenor’s London estate, comprising 300 acres of Mayfair and Belgravia, in which it has a £1bn planned investment programme. Other developments include Oxford, Cambridge, Edinburgh, Southampton and elsewhere in London. As at 31 December 2015, Grosvenor Britain & Ireland had £5.7bn of assets under management. Grosvenor Britain & Ireland is part of Grosvenor Group, a privately owned property group active in some of the world’s most dynamic cities.
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