Planning application submitted for:

Refurbishment and replacement of facades and erection of 3 additional floors and plant enclosure to both Millbank Tower and the Y buildings; demolition and replacement of north and south podium buildings including erection of single storey roof extension to north podium; infill of courtyard between Y and north podium buildings; excavation of basement levels; demolition of rear car park in association with re-landscaping and reconfiguration of wider site; all in association with the use of the Tower as 215 private residential flats (Class C3) and Skybar (ancillary to adjacent Class C1), the south podium as an arts/ cultural facility (Class D1) and the north podium and Y buildings as a 195 bedroom hotel (Class C1).

Source: Westminster City Council westminster.gov.uk/planning
Ref no: 15/07756/FULL
Application validated: 25 Aug 2015

With an average rent of £29.50 per sq ft ft across Millbank Tower - around £10 per sq ft less than the market average - the last year has seen a total of 16 lettings, reports Tuckerman. A final letting of around 16,000 sq ft to MacMillan, the cancer support charity on the third and fifth floors brought the premises to full capacity.

Tuckerman was joint agents with Deloitte and JLL at Millbank Tower.

Source: Tuckerman.co.uk

Millbank Tower Ltd is nearing full occupancy following a flurry of recent lettings amounting to 30,000 sq ft of Grade A space in Millbank Tower.

Millbank Tower Ltd is a wholly owned subsidiary of Aldersgate Investments Ltd which is the main property vehicle of the Reuben Brothers.

A deal for 19,000 sq ft of offices on the 7th, 8th and part 9th floors have recently exchanged to a private occupier, advised by DeVono, for a rent of £35 psf.

Another recent letting was 7,500 sq ft on the 5th floor to a metals trading company and a further 3,500 sq ft to a charity on part of the 9th floor.

Millbank Tower is an iconic 30-storey listed building overlooking the Thames in Westminster. The Tower has long-standing tenants including Conservative Party HQ, OPHSO and Audit Commission.

Drivers Jonas Deloitte and Jones Lang LaSalle advised the landlord.

Source: djdeloitte.co.uk

Millbank Tower will be made to look like it is gyrating from side to side and falling down in a spectacular lighting stunt. Read more: http://www.metro.co.uk/news/881748-millbank-tower-in-london-to-be-toppled-in-4d-stunt#ixzz1dte8ogTS

Westminster City Council gives permission for the use of 28th floor for office, conference centre and private function use (sui generis).

For more information go to www.westminster.gov.uk/planning. Date Decision: 27.10.2011. Ref. no. 11/03155/FULL.