The Broadway, Westminster
On 1 November 2016, it was announced that development of 'The Broadway', described as the biggest property deal since Brexit, was commencing with the official handover of the former headquarters of New Scotland Yard in Westminster to new owners, BL Development Limited, an investment vehicle controlled by ADFG.
ADFG acquired New Scotland Yard in December 2014 for £370 million. Planning permission was granted for the proposed development in April 2016. Property developer Northacre has been appointed to undertake construction of the new scheme, which is expected to be completed in 2021.
The Broadway’s six buildings will provide 485,000sqft of residential, 146,000sqft of commercial and 37,500sqft of retail space, as well as a 20,000sqft public realm linking Victoria Street with Broadway Street.
ADFG CEO Jassim Alseddiqi said; "The Broadway represents the future of urban living, a thriving destination to live, work and play in a world class address surrounded by unparalleled views of London's most famous landmarks."
Northacre CEO Niccolò Barattieri di San Pietro said; "The official handover of New Scotland Yard marks the beginning of the first phase of its development. The Broadway is an important milestone in Northacre's history; our first major mixed-use development which will set a new standard for London living, working and leisure."
Assistant Commissioner of the Metropolitan Police Helen King said; "By selling this building and moving our headquarters to Curtis Green, we're able to make savings to invest in frontline policing, improving the technological capability of the force and develop facilities like a brand new, state of the art police training centre in Hendon which was officially opened this month. This is a significant and exciting move for us and marks a new era of policing for the MPS."
[Image: ADFG CEO Jassim Alseddiqi, Assistant Commissioner of Met Police Helen King, Northacre CEO NiccolÃ Barattieri di San Pietro and ADFG COO Mustafa Kheriba celebrate official handover of New Scotland Yard site to Northacre (PRNewsFoto/Northacre)]
 Related articles on Designing Buildings Wiki
Featured articles and news
Four ways in which smart cities could make our lives better.
Mayor Sadiq Khan announces new Greener City Fund in drive to make London the first 'National Park City'.
BSRIA announce UKAS accreditation for sound absorption testing.
The full terms of reference are published for the Grenfell Tower Inquiry.
Read our introductory article into the role and practice of the architect.
Despite dividing opinion since its 1955 completion, Stalin's gift to Poland, the PKiN, is still Warsaw's most recognisible landmark.
Graduate Engineer Brittany Harris asks, what makes a great place to work?
Mayor Sadiq Khan publishes new guidance aimed at fast-tracking affordable housing projects through planning.
An estimated 90% of our time is spent inside, so could urban allotments be the answer to increasing health and wellbeing?
Why disputes occur and how they can be avoided.
Understand each building and its needs before exploring technical solutions and hiring consultants.
‘Device to Root Out Evil’ - an upside-down, New England-style church built with its steeple in the ground.