A picture has been released showing the scale of three towers which will replace the Nestlé building in a major redevelopment in Croydon town centre.
Property developer R&F Properties has £500 million plans to redevelop St George’s Walk into a huge public square outside Croydon Town Hall, which includes constructing new shops and refurbishing the Nestlé building into three tower blocks with hundreds of flats. This new artist’s impression of how the famous building could look once redeveloped has been exclusively obtained by the Croydon Advertiser.
Planning permission has already been granted for the conversion of St George’s House – more widely known as the Nestlé building – into flats. Original designs for the site on Park Lane included plans to build two new towers, of 25 and 35 storeys, with more than 820 flats among new routes lined with shops linking George Street, High Street and Katharine Street, as well as the public square on a pedestrianised Katharine Street. While it is not yet known when work on the development will start, the recent submitted planning application to partly demolish the former Blue Orchid nightclub is a clear sign that it could be sooner rather than later.
A spokesman at GL Hearn, planning and community engagement consultants on the project, said: “We are currently working with the owners of the site to progress this strategically important scheme for Croydon.”
Property developer R&F Properties purchased the freehold of the 5.5 acre site in the town centre from previous owner Minerva in March last year. The site includes St George’s Walk, the offices above it, and St George’s House, as well as Segas House and Ellis House. Prospective plans to redevelop the western end of St George’s Walk into a pedestrianised civic square on Katharine Street, with new tower blocks and flats on the arcade itself, were unveiled before Croydon Council’s planning committee in March 2016. But at that stage there was uncertainty around the plan since Minerva had not fully acquired the freehold on the eastern end of the site and St George’s House. The sites have since been consolidated and the planned development named Queen’s Square.