Press Release
Planning Approved for Major Mixed-Use Development in Knightsbridge
March 5, 2025
Media Contact
Director, External Communications & PR
A major mixed-use development has taken a significant step forward after securing planning permission from Westminster Council. Global real estate advisor, CBRE, submitted the application on behalf of Berkeley Estate Asset Management
1 Knightsbridge Green, a 400,000 sq ft scheme, will comprise of a new corporate HQ building with a separate building aimed at SME tenants, and extensive retail space. Upon completion in 2029, the amount of office floorspace currently on site will be doubled.
Sustainable development is at the heart of the permission. The development will retain 31% of the existing floorspace and 81% of the structural mass of the original building as a result of the adoption of circular economy principles.
1 Knightsbridge Green serves as a model for sustainable development in the heart of the Central Activities Zone. Whether retrofitting or redeveloping, growth doesn’t have to come at the expense of climate change and this approval is testament to the teams’ collective input around this.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.co.uk.