Full planning consent has
been granted for a 42 storey tower nicknamed the Paddington Cucumber at European Land’s Merchant Square development in Paddington
Outline consent was first
granted for the development in 2011 and the final consent contains some changes
from the original plans: A hotel has been removed from the 1 Merchant Square tower and replaced by
more apartments. An adjoining building, 6 Merchant Square, has been increased in
height from 15 to 21 storeys, again providing more apartments.
The latest buildings at Merchant Square
will now have 426 properties compared to the 341 originally proposed, with 67
affordable properties. Once complete the so-called Cucumber
Tower will be the tallest building in Westminster.
aside, the amended plans illustrate how developers are reacting to the changing
London market: Saleable
apartments and affordable properties which satisfy the planners have been seen
as preferable to a more speculative hotel development.
What is DealMakerz Prime?
In depth stories
Want to know the story behind Britain's latest property mogul? Why a company is going bust? Our coverage goes beyond run-of-the-mill news on key real estate issues.
High powered community
Our subscribers are made up of the most influential Founders and CEO's in UK property. Gain a competitive edge and get informed - read what they read.
Exclusive guest articles
Understand exactly what the most senior figures in UK property are thinking. Exclusive opinion articles from powerful real estate influencers that move markets.