RDI REIT has received planning permission for a three-floor extension at its central London office building, 127 Charing Cross Road, WC2.
The 56,576 sq ft extension will increase the area of the building, located near the new Tottenham Court Road Crossrail station, by 47%.
As well as adding three new floors of offices, the reception area will be improved.
Adrian Horsburgh, property director at RDI, said: “This is a fantastic result, which provides us with the opportunity to significantly enhance the size of the property without undertaking a complete redevelopment.
“Recent prelettings in the area have been achieved at record rental levels and with momentum building towards the opening of Crossrail in 2021 and other surrounding regeneration activity moving towards completion, we believe this property will be very well positioned to capitalise on the growing attraction of this prime area of London.”
EG revealed last month that Galliard has been awarded the final development site above Tottenham Court Road’s Crossrail and Underground station by Transport for London.
The developer beat off stiff competition for the site from rival bidders Native Land and a partnership between Sons & Co and JTRE.
Bids of more than £40m were made for the development, which will sit above the western ticket hall of the new Crossrail station bounded by Dean Street to the east and Oxford Street to the north.
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