Slaughter and May is advising Derwent London on its arrangements with Native Land to develop a high quality apartment building at 100 George Street, W1
Slaughter and May is advising Derwent London on its arrangements to work with Native Land for the redevelopment of 100 George Street, London W1 as a high quality apartment building in the heart of Marylebone. When completed, the 45,000 sq. ft. building will comprise 35 large lateral apartments and six lateral and duplex penthouses. The residential development will form part of Derwent London’s larger 297,000 sq. ft. mixed use development at 19-35 Baker Street on The Portman Estate. The total project comprises a 206,000 sq. ft. new office headquarters at 19-35 Baker Street, the 45,000 sq. ft. George Street apartment building and a 28,000 sq. ft. avenue of boutique retail and food and beverage outlets connecting Baker Street to Gloucester Place. There will also be 10 affordable housing units and a further 12,000 sq. ft. of offices at Gloucester Place. The project will also invest in the public realm, including improving walkways and road crossings around the scheme. Development is due to commence in Autumn 2021 with overall completion expected in Spring/Summer 2025.
We are advising Derwent London on the overall project including its arrangements with The Portman Estate.
Paul Williams, Chief Executive of Derwent London:
“We are delighted to be working with Native Land to deliver the residential element of our exciting major Baker Street project which starts later this year and completes in 2025. Combined with our strong relationship with The Portman Estate we expect to deliver another outstanding net zero carbon development with a mix of high quality offices, residential and retail creating a new hub for the area.”