Transport for London (TfL) has selected TateHindle to redevelop the London Underground Headquarters, 55 Broadway, and transform it into a residential building.
The building was built in 1929 and designed by Charles Holden. It has been home to London Underground for more than 80 years.
Located above St James's Park Tube station, the building was listed Grade II in 1970 and was upgraded to Grade I in 2011 by English Heritage due to its national, historical and architectural interest.
According to TfL, the building is no longer fit for purpose and it will be vacant by 2015.
In August 2013, TfL sought a tender for architects to submit their proposals for converting the building into an office, hotel or residential space.
After evaluating all the options, TfL selected TateHindle's £8.5m tender to convert the building into residential space, as it will deliver best value for fare and taxpayers, and will maintain the Grade I status of the building.
TfL will work with TateHindle on the planning application and approval process.
The company expects to submit the planning application in autumn this year and begin renovation work in 2015.
Tfl commercial development director Graeme Craig said TateHindle has been appointed as the architect to take the planning process forward for 55 Broadway.
"We remain committed to securing a future for the building that ensures it remains a valued part of the fabric of London. We also have a responsibility to fare and taxpayers to make sure that any redevelopment of 55 Broadway is a commercial success, with all proceeds reinvested in London's transport network to deliver increased and improved services," Craig said.
TateHindle director Andrew Tate said the company is pleased to have won this important commission to work in collaboration with TfL on the 55 Broadway project.
"Our design objective is to breathe new life into the building with a particular focus on enhancing its setting, whilst remaining respectful of its cultural heritage and architectural integrity," Tate said.
Image: The London Underground Headquarters situated above St James's Park Tube station. Photo: courtesy of TateHindle Ltd.