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Sackville Developments Reading Limited (SDRL) has submitted its outline planning application for Station Hill.
Stanhope will start speculatively developing a £50m high quality office refurbishment and extension of One Mabledon Place, a 10 storey, 90,000 sq ft office building in the prime regeneration area of Kings Cross and St Pancras.
Committing to over 50% of the £140million development’s available office space two years before targeted completion, Miller has signed up for 85,000 sq ft of office space and will occupy the first six floors of the building.
LCW has secured an investment of £35m by Townshend Group, a premier provider of global real estate investment solutions. This brings the total equity committed to LCW to £70m.
Practical Completion reached
Stanhope and Mitsui acquire City Headquarters.