Abu Dhabi – Mubasher: Abu Dhabi Financial Group (ADFG) started development of the former New Scotland Yard following the official handover of the site by London’s Mayor Office for Policing and Crime (MOPAC), according to a statement.
The property, which will be named “the Broadway”, is now being re-developed by Northacre, a subsidiary of ADFG.
ADFG acquired New Scotland Yard from MOPAC in December 2014 with planning permission for the redevelopment of the site granted earlier in 2016.
Northacre will create a new commercial and residential destination in Westminster, and has appointed planning consultants, Bilfinger GVA, and architects Squire & Partners to work on the project.
Set to complete in 2021, the Broadway will be a vibrant new quarter, providing 485,000 sq ft of state-of-the-art residential space, 146,000 sq ft of commercial space and 37,500 sq ft of retail.
