Joint venture partners Addington and Strategic Value Partners have obtained a multi-use planning consent at the 150,802 sq ft Senator office building in the City of London.
The consent grants dual use under Class E and F1 for 29,000 sq ft of space across two lower levels of the Grade A office building, which is located at 85 Queen Victoria Street. The consent allows the levels to be used for either traditional offices or for conference and educational purposes.
The planning milestone triggers a 69,000 sq ft refurbishment programme at the building covering the atrium and levels zero, one and two. Addington has awarded the building contract to OD Interiors, which will deliver enhanced workspace focused on sustainability, wellbeing and premium amenities.
David Dalrymple, principal at Addington, said: “We acquired Senator with the belief that with refurbishment we would create an outstanding opportunity for flexible, high-value space, and we are delighted the City of London Corporation shares our vision. We can now offer 69,000 sq ft of exceptional workspace in a landmark City location, or the rare opportunity for multi-use space with a dedicated own branded entrance for those seeking 29,000 sq ft of self-contained space. We believe this flexibility will be a major draw for both educational operators and traditional office tenants.”
Allsop and Knight Frank have been appointed letting agents for the scheme.
