The Crown Estate has confirmed plans to redevelop Morley House on Regent Street, creating 44 new residential apartments alongside 11,000 square feet of retail space.
The £36m mixed-use scheme at 314-322 Regent Street is part of a wider £100m regeneration of Regent Street, and is being taken forward in collaboration with main contractor, Kier Construction, and development manager, Waltonwagner.
Works are due to start later this year, with completions slated for the Summer of 2020, when the resi units will be made available to rent.
The existing Grade II-listed building – currently offices and retail – will be demolished, to make way for new residences on upper floors (behind a retained facade), with retail occupying the ground and basement.
Planning consent was granted back in early 2016, with MSMR in charge of the applications. MSMR also designed the revamp of the neighbouring Albany House; works completed here in 2013.
Bob Dawson, Head of the Regent Street Portfolio at The Crown Estate: “Regent Street is one of the world’s top destinations for shopping, business and leisure. On-going investments such as Morley House are an important part of our long-term commitment to London’s West End and support our vision to refocus the area north of Oxford Circus around high-quality lifestyle and leisure, complementing the fashion-led offer on the rest of Regent Street.”
Cliff Thomas, Managing Director at Kier Construction London: “We’re very pleased to have been awarded this prestigious contract and are looking forward to working with The Crown Estate in redeveloping Regent Street, one of the world’s most popular shopping destinations.
“This project, which builds on our expertise in delivering mixed-use schemes, will provide a high-quality retail and residential development in the heart of London and forms a key part of The Crown Estate’s wider regeneration plans.”