Mayor Calls in Plans for Saatchi & Saatchi Office Space in London to Rent
Boris Johnson has controversially called in proposals for the revamp of the Saatchi and Saatchi headquarters in London. The London Mayor believes that a redesign of the office space in London to rent would contribute significantly to the city’s economy, despite the plans being refused by Camden council just two months ago.
In a surprise move London Mayor Boris Johnson has called in proposals for the redevelopment of the famous Saatchi and Saatchi headquarters in Fitzrovia.
The Mayor stepped in this week after Camden council’s development control council refused to grant developers Derwent London planning permission in May. At the time the council said the £100 million proposal for office space in London to rent was turned down because it was considered to be an “over development”, however Mr Johnson disagreed and used his powers to step in.
Mr Johnson said this week that he believed the plans, which would create around 320,000 sq ft of Grade A office space in London to rent at the 80 Charlotte Street site, would significantly “contribute to the competitiveness of London’s wider economy.” In addition to bringing about the new jobs and making the current Saatchi building 30% larger, it’s believed the new development would also result in a £1.6 million contribution to the new Crossrail initiative.
In a statement Mr Johnson said, “This proposal clearly meets the test of a planning application of major significance to London and I therefore believe it is right that I scrutinise it in greater detail.”
Derwent London owns the central 1.4 acre London site and plans to add 16,000 sq ft of residential space to the development in addition to the 40,000 sq m of office space in London to rent.
In response to the development, the firm said they were “pleased that the Greater London Authority has recognised the important of the Charlotte Street to the district and the wider London economy.”
It has not been disclosed when a final decision regarding the future of the project will be made.
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