Hammersmith & Fulham (H&F) Council in the UK has approved plans for a £150m regeneration scheme on King Street, London, designed by the architectural firm Lifschutz Davidson Sandilands.
The scheme was proposed by King Street Developments Hammersmith (KSD), which is a joint venture between property development firm Helical Bar and residential landlord Grainger.
Subject to verification by the Mayor of London, Boris Johnson, the planning approval will allow KSD to regenerate the area with a new cinema, new public spaces, shops, homes and offices.
After completion, the redevelopment will feature 196 new homes, a three-screen community cinema to be operated by Curzon, and new retail, restaurant and cafe space.
The project will also feature replacement offices for the council and a new town square.
KSD will also provide £5.25m towards a regeneration fund to increase the surrounding area and refurbish the town hall, which was built in 1938.
Plans for the scheme were revised in 2012 to ensure that the height of the development would not cross the height of the existing Town Hall extension.
The council said if the project had not received planning approval, taxpayers would have been hit with a bill of around £18m to move its staff temporarily while the extension was brought up to standard.
The new building is anticipated to offer a saving about £150,000 in reduced energy costs and the council is retaining the freehold of the land.
H&F council leader Nicholas Botterill said, "We listened to residents and ditched the less popular elements of the previous scheme and I now believe we have a scheme that Hammersmith can be proud of."
Image: A computer-generated image of the development. Photo: Courtesy of London Borough of Hammersmith & Fulham.