LGP, on behalf of its Life Fund, has appointed Make Architects to design the redevelopment of 7-10 Hanover Square.
7-10 Hanover Square is a 1950s/60s office block in the northeast corner of the square, directly opposite a planned Crossrail station. It is currently let on leases that are due to expire by 2014 when LGP hopes to have secured planning for the new scheme, tied into the wider regeneration that Crossrail is expected to bring. LGP hopes to start work on site shortly after the building is vacated, and is targeting completion in 2016.
Jones Lang LaSalle is development and letting agent on the scheme, Mace is project manager, WSP Group is engineer and EC Harris is cost consultant. Gerald Eve is planning consultant.
Hanover Square forms part of the pipeline of central London office projects that LGP is working on over the next few years. Earlier this year it unveiled plans for 6 Agar Street, a £65m Covent Garden office development, set for completion next year. LGP also announced in September that it had purchased 76-88 Wardour Street on behalf of its Managed Fund, which it proposes to refurbish to deliver 33,000 sq ft of new space over the upper five floors in Q1 2013.