UK asset manager Resolution Property said on Tuesday that it has submitted a planning application for the transformation of a 0.6 acre canal-side site in London’s Notting Hill district.

UK asset manager Resolution Property said on Tuesday that it has submitted a planning application for the transformation of a 0.6 acre canal-side site in London’s Notting Hill district.

Resolution acquired the site last year for close to £18 mln (€23 mln) with plans to create a 100,000-sq ft (9,290 m2) mixed-use hub. Studio RHE has been appointed as the architect.

Resolution Property plans to develop the site to create a new creative hub for digital businesses and independent retailers, together with loft-style upper floor apartments.

Formerly home to reggae label Trojan Records, The Old Gramophone Works at 326 Kensal Road, currently comprises 60,000 sq ft across four buildings.

Resolution Property’s recent investments in properties for the UK’s creative and digital economy includes the Alphabeta building, Shoreditch, Ampersand in Soho, Dept.W in Whitechapel, together with Great Northern in Manchester and Colston Tower and The Pithay in Bristol.