Connect with us

Hi, what are you looking for?

Jewish Business News

World News

Labour’s 1997 election headquarter to be turned into luxury apartments by billionaire Reuben brothers

(L to R) Simon Reuben,   Jamie Reuben and David Reuben - Getty - 1

The billionaire David and Simon Reuben have confirmed they plan to go ahead with a redevelopment of the Labour Party’s former headquarters now be converted into luxury flats.

Reuben brothers are planning to develop 32-storey Millbank Tower. The skyscraper on the banks of the River Thames,  half a mile upstream from the Palace of Westminster.

The tower has been owned by David and Simon Reuben since 2002, while still being managed by its former owner Tishman Speyer Properties. As a Grade II listed skyscraper, Millbank’s physical form will always be preserved, and its iconic status prevented from falling into the hands of redevelopers. The Grade II-listed will be turned into 207 appartments with a skybar. A 150-bedroom hotel will also be built.

 

millbank_tower_thames_house parliament - LONDON REUBEN BROTHERS

 

A spokesman for the Reuben Brothers told the Standard: “We believe that we have devised an exciting project.. We are convinced of the fundamentals of the residential market, particularly in this great location with its commanding views of the Thames and the rest of London.”

The redevelopment will not take place however in the near future, add the Standart, because the buildings are fully let for almost three years. Some office space could be retained subject to planning permission.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Newsletter

Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

empty

The contract signed between the Israeli government and Pfizer shows clearly and unequivocally that this is a clinical study on humans - The agreement...

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

Business

Now Platika joins and elite club of $10 billion plus Israeli firms.

Advertisement