Derwent London has submitted plans to redevelop Saatchi & Saatchi’s iconic central London headquarters, in a move that will create some 320,000 sq ft of central London office space.
Derwent London has submitted plans to redevelop Saatchi & Saatchi’s iconic central London headquarters, in a move that will create some 320,000 sq ft of central London office space.
The mixed use development will also contain 55 flats, of which 15 will be affordable homes, and is due to be finished by 2015.
Camden Council received the plans over a week ago and will reach a decision later this year, taking into account objections from local residents that the scheme represents an overdevelopment in an area marked by a strong sense of community.
Simon Silver, head of regeneration at Derwent, told the Telegraph: “We really like retaining most of the buildings. This follows on from the Johnson Building, the Burberry Building and the Angel Building, which have brought employment and major businesses into the area.”
Advertising giant Saatchi & Saatchi, perhaps most famous for work on Margaret Thatcher election campaigns, has occupied the building on Charlotte Street since the mid-1970s.