Plans for a new commercial headquarters complex built in the heart of St Jamess have been unveiled.
Set to open later in spring next year, roughly 46,000 square feet of mixed-use office space is being put up for sale by The Crown Estate, the Royal Familys independent commercial property arm which owns all of Regent Street and around half of St Jamess.
Read more: Working Lunch this week is at one of Britain's oldest restaurants
Situated behind Fortnum and Mason on the corner of Jermyn Street, the complex replaces the now-demolished Dukes Court and has been named the Marq, the term for the son of a Duke, in a nod to the building that previously stood on the location.
Oliver Smith, head of St Jamess at The Crown Estate, said: "We are excited to reveal The Marq, and details of the office and retail space that is available in the development. It is The Crown Estates first entirely new build office development in St Jamess for three years and as the only office development in St Jamess that will be delivered next year it presents a unique opportunity."
Read more: St James's Place profits climb by a third amid demand for retirement advice
The new building will also be home to a gallery or restaurant, with 5,000 square feet of retail space on the ground floor.
[contf]
[contfnew]
CityAM
[contfnewc]
[contfnewc]
