According to Mike Hussey; chief executive of Almacantar, a planning application has been submitted to Camden Council for the refurbishment and change of use of the iconic Centre Point tower for residential use. With the tower listed, envisage only minor external alterations with the public realm in my opinion again being the main winner.
The plans originally unveiled by Estates Gazette last month, typify well the state of central London commercial property which has seen an increase in the change of use from office to resi, as well as residential space being built where before more commercial uses would have predominated. This is in large part due to the huge growth in residential values and the influx of overseas wealth. Most councils though are keen to see commercial uses stay in commercial areas. Husseys' argument however is that Centre Point is now not fit for office use, it never really was shockingly. A "flawed icon" as he describes it.
Unfortunately by the sounds of it the planning application has only very recently been submitted, meaning the plans have yet to be validated and go on-line through Camden's planning pages. Be rest assured though that London Residential Research will be among the first to track it down.
In the mean time, check out the development's new website/blog, which is heavily influenced by the 1960's culture in which the Centre Point tower was originally born in to, as well as this nice little video from the very top of the tower... (penthouses will sell well...)
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