Land Securities submitted a proposal on Friday for the redevelopment of a 186,000 m[sup]2[/sup] area in Victoria, west London. A decision on the master plan by Westminster City Council is expected by next spring, the Financial Times reported. The project, involving an investment of about £2 bn (EUR 2.9 bn), includes the redevelopment of a enormous area in Central London, as well as the development of new offices and two 134-metre residential towers. This development would be the largest ever carried out by the UK real estate company, and Land Securities is reportedly considering whether to bring in other investors to the project. Kohn Pederson Fox Associates designed the scheme.

Land Securities submitted a proposal on Friday for the redevelopment of a 186,000 m2 area in Victoria, west London. A decision on the master plan by Westminster City Council is expected by next spring, the Financial Times reported. The project, involving an investment of about £2 bn (EUR 2.9 bn), includes the redevelopment of a enormous area in Central London, as well as the development of new offices and two 134-metre residential towers. This development would be the largest ever carried out by the UK real estate company, and Land Securities is reportedly considering whether to bring in other investors to the project. Kohn Pederson Fox Associates designed the scheme.