Ealing Council has granted consent for a new 170,000 sq ft Grade A office development by CEG.
It is, say the developer, the first major office development in Ealing for almost a decade.
CEG say the scheme shows post-Brexit confidence in Ealing, and aims to capitalise on the arrival of Crossrail as well as the continued investment into retail and leisure improvements.
Nick Lee, Head of Commercial Development at CEG, said: “Despite the Brexit uncertainty, we are confident that Ealing offers a fantastic investment opportunity, due to the arrival of Crossrail and the fact that it doesn’t have the office stock to capitalise on the significant enquiries in the market place.
“Our proposals will deliver Ealing’s first new Grade A office space in nearly a decade, enabling it to effectively compete with the West End as a prime business location.”
The £50m scheme will, say CEG, add £423m GVA and 2,300 full time jobs to the local economy.
Demolition is due to begin in April 2017.