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Nova Project to Dramatically Boost London Victoria

Developinga single project which has the potential to transform a whole area of a city, particularly in London which has already cemented itself as a top global destination is a rarity. However, the Land Securities and Canada Pension Plan Investment Board aims to do just thatwith the Nova projectin Victoria, South London. The vast 897,000 sq ft mixed use development is predicted to make a huge impact in the area that will become a real game changer in the heart of London. Here's what you should know about this giant project that will shape the capital. London's next best neighbourhood With one of London's largest transport links on its doorstep and Buckingham Palace just around the corner, the chosen location for the Nova scheme on the 5.5 acre island site is a perfect spot and a dream to any developer. London's next development to watch will combine highly desirable residential property with inspirational commercial buildings to create a full lifestyle package. Nova's residential area will comprise of 170 luxurious apartments that will boast premium views of Buckingham Palace. Each apartment has been designed to the smallest detail with elegant palettes throughout. Fresh real estate areas are always a welcome addition to the city. London property is now a desirable asset for investors around the world, offering long-term investment 'safe havens'. The London property market has historically been seen as the most desirable in the UK, which was reflected in 2014 when property values rose faster than the rest of the country. London's drastic price surges over the past decade has demonstrated the popularity of the city and how the property market has endured through tough financial times. Nova's stylish residential homes will add to London's leading luxury housing stock and will become the next lucrative investment for savvy buyers. The Nova Lifestyle After a relax at home, residents can saunter down to Nova's retail quarter for a meal in a high-quality restaurant and a quick look around the shops. The Nova development plans to create a lifestyle that will be established through the close-knit construction of commercial, mixed use and residential spaces at the site. In order to follow the forward-thinking Nova mantra, Land Securities has invited retail outlets which will offer unique and innovative shopping experiences, while its restaurant quarter will include gastronomically exciting eateries and bars that will set the scene for a contemporary day out in the capital. Various dining options will include outdoor dining, pop-up street food vendors and establishments that will provide menu options for all times of the day. These public hubs will be set against a backdrop of thoughtful landscaping and art installations. All this coincides with the large upgrade of London Victoria Station which will be completed by 2018. The £700 million upgrade has been devised to help ease congestion and create quicker access points for travellers. From early demolition work in 2012 to its final completion in 2018, construction at the Nova development project will sit alongside the challenging upgrade and will eventually benefit from the higher quality transport ties. More than just a development Both scheme partners have promoted Nova as a new seven-day destination that will increase engagement in the area in the West End. Nova hopes to deliver a new social and economic hub that will make full use of the land on the ground and in its five unique landmark buildings. The modern aesthetic result of the project was formed through a collaboration between several distinguished architecture firms: PLP Architecture designed the three commercial buildings at the site; Benson & Forsythe are in the stages of creating residential homes, and Lynch Architects will develop the mixed use civic building that will front Victoria Street. The Nova scheme is expected to benefit the Victoria economy and the wider London economy. 857 jobs are expected to be created over the course of its construction alone, while Nova's future residents are predicted to contribute £4.2 million net benefit every year to the London economy. London Victoria area is no stranger to huge transformations over the years. Since decisions were made in the 1850s to dramatically regenerate the area between the most powerful buildings in the country, Buckingham Palace and the Palace of Westminster, Victoria has become a beacon of establishment and traditionalism in the UK. Fuelled by an expanding transport system, smart streets emerged that conformed to Victoria's conformity. However, this forward-thinking development hopes to forge the next, innovative stage in Victoria's long history and design an underused site into a 21st century mini metropolis. For more information on the latest, exciting property news in London, don't forget to visit our website. As a leading agent in London since 1835, we have the latest listings and the insider knowledge to help you get onto the London property ladder. Please visit our offices section for contact details.'

Developinga single project which has the potential to transform a whole area of a city, particularly in London which has already cemented itself as a top global destination is a rarity. However, the Land Securities and Canada Pension Plan Investment Board aims to do just thatwith the Nova projectin Victoria, South London. The vast 897,000 sq ft mixed use development is predicted to make a huge impact in the area that will become a real game changer in the heart of London. Here's what you should know about this giant project that will shape the capital.

Nova_King's Gate

London's next best neighbourhood

With one of London's largest transport links on its doorstep and Buckingham Palace just around the corner, the chosen location for the Nova scheme on the 5.5 acre island site is a perfect spot and a dream to any developer.

London's next development to watch will combine highly desirable residential property with inspirational commercial buildings to create a full lifestyle package. Nova's residential area will comprise of 170 luxurious apartments that will boast premium views of Buckingham Palace. Each apartment has been designed to the smallest detail with elegant palettes throughout.

Fresh real estate areas are always a welcome addition to the city. London property is now a desirable asset for investors around the world, offering long-term investment 'safe havens'. The London property market has historically been seen as the most desirable in the UK, which was reflected in 2014 when property values rose faster than the rest of the country. London's drastic price surges over the past decade has demonstrated the popularity of the city and how the property market has endured through tough financial times. Nova's stylish residential homes will add to London's leading luxury housing stock and will become the next lucrative investment for savvy buyers.

The Nova Lifestyle

After a relax at home, residents can saunter down to Nova's retail quarter for a meal in a high-quality restaurant and a quick look around the shops. The Nova development plans to create a lifestyle that will be established through the close-knit construction of commercial, mixed use and residential spaces at the site.

In order to follow the forward-thinking Nova mantra, Land Securities has invited retail outlets which will offer unique and innovative shopping experiences, while its restaurant quarter will include gastronomically exciting eateries and bars that will set the scene for a contemporary day out in the capital. Various dining options will include outdoor dining, pop-up street food vendors and establishments that will provide menu options for all times of the day. These public hubs will be set against a backdrop of thoughtful landscaping and art installations.

All this coincides with the large upgrade of London Victoria Station which will be completed by 2018. The £700 million upgrade has been devised to help ease congestion and create quicker access points for travellers. From early demolition work in 2012 to its final completion in 2018, construction at the Nova development project will sit alongside the challenging upgrade and will eventually benefit from the higher quality transport ties.

Nova_1

More than just a development

Both scheme partners have promoted Nova as a new seven-day destination that will increase engagement in the area in the West End. Nova hopes to deliver a new social and economic hub that will make full use of the land on the ground and in its five unique landmark buildings. The modern aesthetic result of the project was formed through a collaboration between several distinguished architecture firms: PLP Architecture designed the three commercial buildings at the site; Benson & Forsythe are in the stages of creating residential homes, and Lynch Architects will develop the mixed use civic building that will front Victoria Street.

The Nova scheme is expected to benefit the Victoria economy and the wider London economy. 857 jobs are expected to be created over the course of its construction alone, while Nova's future residents are predicted to contribute £4.2 million net benefit every year to the London economy.

London Victoria area is no stranger to huge transformations over the years. Since decisions were made in the 1850s to dramatically regenerate the area between the most powerful buildings in the country, Buckingham Palace and the Palace of Westminster, Victoria has become a beacon of establishment and traditionalism in the UK. Fuelled by an expanding transport system, smart streets emerged that conformed to Victoria's conformity. However, this forward-thinking development hopes to forge the next, innovative stage in Victoria's long history and design an underused site into a 21st century mini metropolis.

For more information on the latest, exciting property news in London, don't forget to visit our website. As a leading agent in London since 1835, we have the latest listings and the insider knowledge to help you get onto the London property ladder. Please visit our offices section for contact details.'

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