CLS Holdings has seen planning for a 210,000 sq ft hotel and student flats project in Vauxhall, London approved. The Spring Mews projects is currently out to tender with Bam, Shepherd, Vinci, Sir Robert McAlpine, Ocon and Watkins Jones in the chase for the £50m building job.
CLS also reported that its other big scheme in the area known as Vauxhall Square was progressing well with the local council.
Spring Mews, located close to the Albert Embankment, and the Vauxhall transport interchange, comprises: 402 student rooms and amenity space; a 120 bed mid-market hotel; a new 561 sq m (6,000 sq ft) community centre and café; 469 sq m (5,050 sq ft) of office space; 245 sq m (2,640 sq ft) convenience retail unit; and the creation of a new pedestrian mews linking the development to Spring Gardens.
Vauxhall Square, located opposite Vauxhall’s transport interchange and comprises: two residential towers of approximately 50 stories containing 510 homes and 15,231 sq m (163,945 sq ft) of office space; 3,500 sq m (37,660 sq ft) of retail, restaurant and café space; 416 student units; a 438 bed hotel; a 4 screen cinema; 94 affordable housing units; a new homeless hostel; a major new public square (of similar size to Paternoster Square in the City of London); and public realm improvements.
Subject to receiving planning consent, CLS would aim to start on site at Spring Mews in 2012, with completion in 2014. Vauxhall Square would be developed in phases from 2014 and completed from 2017 onwards.
Richard Tice, Chief Executive Officer of CLS Holdings plc comments: “The Spring Mews application follows hot on the heels of the major Vauxhall Square application and demonstrates a clear vision by CLS for Vauxhall. Both mark a significant investment by the Vauxhall based developer which it is hoped will act as a real catalyst for environmental, social and economic regeneration in the Vauxhall Nine Elms area.”The developer said it was is in active discussions with potential operators and expected to start on site later this year.