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TP Bennett gets green light for mixed-use scheme

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TP Bennett has won planning permission for two new buildings comprising the first phase of a mixed-use scheme in Hammersmith, London

Councillors have approved the buildings on the site of former offices occupied by publisher Harper Collins at 77 Fulham Palace Road, London, which was last year bought by developer AXA Real Estate.

The two new buildings – The Foundry and 1 Smith’s Square - will together deliver 13,395m² of offices space, plus shops, restaurants and homes.

A statement from Axa Real Estate said: ‘The development seeks to boost a part of London significantly lacking Grade A office space.

‘It will provide landscaped areas, large interconnected open and light office spaces and a range of retail units and restaurants that have been designed to create a highly collaborative community based work environment.’

The whole scheme is set to provide 20,439m² of office space.

AXA Real Estate said it is in advanced discussions with an international TV and media production and distribution business for a prelet of around 2,787m².

However, construction is not reliant on this deal being struck, a spokesman said, and the buildings are expected to be completed next year.

The Foundry will comprise 10,683m² of office space and will be the largest building within the development.Open floors will be set around a large central atrium linked by a ‘feature’ staircase leading to a landscaped roof terrace.

1 Smith’s Square will include a series of double height retail and restaurants as well as 3,251m² of office space.

Harry Badham, head of UK development at AXA Real Estate, said: ‘The growth of rents in many central London locations have begun to price out occupiers, and we believe many of these businesses will start to look for new locations where they can find value, whilst still wanting accessibility for staff and a great working environment.’

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