COMMUNITIES secretary Eric Pickles yesterday signed off on the planned £1.2bn redevelopment of the Shell Centre on the Southbank.
The plans for the 1.45m square foot scheme – a joint venture between the Canary Wharf Group and Qatari Diar – have been masterplanned by architecture firm Squire and Partners, and comprise a mix of offices, residential and retail space.
“The project will deliver many significant local benefits with new jobs and employment programmes, hundreds of new homes including much needed affordable housing, together with new open spaces and a park,” said Sir George Iacobescu, chairman and chief executive of the Canary Wharf Group.
“We feel privileged to have this opportunity to play a role in regenerating this popular but somewhat neglected area of London.”
Shell will continue to occupy the 27-storey tower at the centre of the site.