Stanhope bought the building for £200m in 2012, with its and its Japanese and Canadian backers, Mitsui Fudosan and Alberta Investment Management Corporation (AIMCo). It has planning permission for offices, new BBC studio space, leisure facilities and 950 new homes.
Stanhope plans to keep the key listed buildings and open the site to the public for the first time. The forecourt will be remodelled with new retail, leisure and entertainment uses together with access through the site to Hammersmith Park.
The office space will be aimed at occupiers in the creative sector providing new employment opportunities and a media business hub as well as approximately 950 new homes. Soho House will design and operate the club together with 47 bedrooms, a roof terrace and swimming pool and associated restaurants. There will be a variety of public uses, including a cinema, gym, restaurants and cafes, which will benefit the local community.
The BBC will remain at Television Centre operating studios 1-3 through its commercial subsidiary BBC Studios and Post Production and BBC Worldwide will consolidate its new home at Television Centre, following refurbishment of the ‘Stage 6’ building. Lend Lease is currently refurbishing Stage 6 under a £23m contract and this will enable BBC Worldwide staff to reoccupy in early 2015.
Stanhope CEO David Camp said: “We are delighted that Mace has been selected as the preferred construction manager for the delivery of Television Centre. We now intend to progress with enabling works to allow key elements of the first phase of Television Centre to be occupied in 2017.”
Mace CEO Mark Reynolds said: “Continuing our long established relationship with Stanhope and Mitsui Fudosan is tremendous and we are looking forward working with AIMCo, helping everyone transform the iconic Television Centre into a vibrant new community in west London.”