Entrance to Bond Street station on Oxford Street.

Entrance to Bond Street station on Oxford Street.

22.12.2012
West One Shopping on Oxford Street

West One Shopping on Oxford Street

25.10.2011
Kardashian Kollection in West One on Oxford Street

Kardashian Kollection in West One on Oxford Street

30. November 2012
Entrance on Oxford Street

Entrance on Oxford Street

June 2011
West One Shopping Centre at 75 Davies Street

West One Shopping Centre at 75 Davies Street

June 2011

West One

Address:
75 Davies Street, London W1K 5JN
Area:
Mayfair
Local Authority:
Westminster
Type:
Commercial
Retails:
1
Viewed:
9367

Description of West One

West One at 75 Davies Street is a proposed redevelopment of the commercial building on Oxford Street, London W1.

The new plans propose to refurbish and partially redevelop the site to provide additional and more efficient office floorspace whilst retaining c. 60% of the existing structure.

The planned start on site late 2021/early 2022. Completion late 2024/early 2025.

History

In August 2020, British Land and Norges Bank Investment Management (NBIM) introduced initial plans for redeveloping West One. The plans propose:
- Re-use as much of the existing structure as possible;
- Introduce a new high-quality, contextually appropriate façade
- Introduce some added height to provide additional office floorspace
- Improve the sustainability credentials of the building whilst introducing urban greening wherever possible
- Introduce a series of stepped terraces to the rear of the building to enhance the wellbeing of office tenants
- Respond to and support the substantial public realm improvements happening around the site
- Maintain retail and station access throughout the redevelopment of the site.

In 2019 West One comprises an even mix of office and retail space, both fully let, and sits at the entrance to Bond Street station in the heart of London’s West End. It benefits from around 500,000 visitors a week, set to increase with Crossrail. Once Crossrail opens, West One will be linked to British Land’s existing mixed-use assets, including Broadgate, Paddington Central and Ealing Broadway.

2019 Dec - British Land has acquired a 25% share of West One, a 92,000 sq. ft mixed use scheme on London’s Oxford Street for £54.25m. As part of the agreement, Norges Bank Investment Management will continue to own 75% and British Land will assume responsibility for the asset management and any future development.

February 2016 - Nash Bond is appointed as sole agent on West One Shopping Centre. Nash Bond won the instruction to provide agency and lease advisory work in a competitive pitch. The centre contains 45,500 sq ft of retail space.

1970s - The site was redeveloped and West One was built when the Bond Street Underground Station was expanded to include platforms for the Jubilee Line.

1900- Before the development of the over-station building during the 1970’s the Oxford Street frontage and the corner of Davies Street had been the site of the Grosvenor Court Hotel (1900). The Victorian building was 7 storeys in height.

The south-east corner of the site, at the junction between Davies Street and Weighhouse Street, was formerly occupied by a block of shops and chambers which were built in 1890–1 in conjunction with an electrical generating station.

Connected Companies

Owner:
Communication:

Transport

The nearest tube, train and bus stations.
Bond Street Underground Station
Central, Jubilee
New Bond Street
159, 7, 94, 98, N207, N7, N98

News: (3)

Virtual Exhibition

West One Shopping Centre Partners LP (a Joint Venture between NBIM and British Land PLC) has launched a public exhibition for the redevelopment plans for the building above Bond Street station on Oxford Street.

The plans propose to refurbish and partially redevelop the site of a 1970s office and retail building, to provide additional and more efficient office floorspace whilst retaining circa. 60% of the existing structure. The initial thinking for the site will also introduce a new high-quality façade, reconnecting the building to the surrounding area. At the same time, the entrance to the Bond Street station and retail outlets in the first, ground and basement floors will remain open while any development is taking place.

After reviewing all the feedback from the first exhibition held in the summer, the developer is now sharing the detailed plans for the future of the site.

Feedback should be sent by 11th December 2020. Website link is in the details.

23/11/2020 13:27 by Buildington
Public Consultation

NBIM and British Land want to refurbish and partially redevelop the site of a 1970s office and retail building, to provide additional and more efficient office floorspace whilst retaining c. 60% of the existing structure at 75 Davies Street.

The initial plans for the site will also introduce a new high-quality façade, reconnecting the building to the surrounding area. At the same time, the entrance to the Bond Street station and retail outlets in the first, ground and basement floors will remain open while any development is taking place.

The developers are keen to hear the thoughts and views of the local community on the initial thinking and ideas to ensure the right benefits are delivered for the local area through a partially redeveloped building.

Send your feedback on the plans for the future of the site, helping to shape the detailed proposals before returning for a further round of consultation in the October 2020. November 2020 is the target for the submission of the application to Westminster City Council.

The first round of consultation will run from Tuesday 18th August to Friday 11th September.

See more at westoneconsultation.co.uk.

25/08/2020 08:55 by Buildington

Savills has helped JD Sports secure retail premises at 75 Davies Street / 375-381 Oxford Street for a major new store.

The retailer has agreed to take a new 10-year lease for the 23,000 sq ft (2,137 sq m) property owned by Norges Bank Investment Management. It will pay an annual rent of £3.1 million.

In 2014, Savills also acquired a 34,500 sq ft (3,205 sq m) store east of Oxford Circus for JD Sports at 201-203 Oxford Street. The new deal means the retailer, which exited a smaller second unit on the street earlier this year due to the future redevelopment of the building, now has a major store on both east and west Oxford Street.

Sam Foyle, Oxford Street specialist at Savills, comments: “This property is ideally positioned to complement our client’s existing store on east Oxford Street and ensure JD Sports can maximise the benefits of future footfall increases linked to Crossrail and other infrastructure improvements.”

The landlord represented by Nash Bond.

Source: Savills savills.co.uk

13/08/2016 10:40 by Buildington

*DISCLAIMER! Information on this page is for guidance only and remains subject to change. Buildington does not sell or let this property. For more information about this property please register your interest on the original website or get in touch with the Connected Companies.

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