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Derwent and Lazari’s Baker Street scheme back up for approval

Derwent London and Lazari Investments’ joint venture plans to create a 240,000 sq ft Baker Street mixed-use scheme are back in front of Westminster’s major applications planning committee meeting next week, where they are recommended for approval.

Councillors will decide whether to approve plans to nearly double the size of existing buildings on the Portman Estate at 38-70 Baker Street, 64-66 Blandford Street, and 43-45 Dorset Street. The Portman Estate will also hold an interest in the scheme as the freeholder.

The proposal was scheduled to be discussed at a 25 June meeting but was pulled from the agenda at the last minute, with planning committee chair Ruth Bush blaming a “serious staff illness” that she said was “not to be taken lightly”.

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