Developer gets nod for Queensway improvements

Developer Vabel has got planning permission from Westminster City Council to make improvements to a 2022 consent at 28-34 Queensway, W2. The mixed-use development forms part of the Queensway Estate Redevelopment Plan by Bourne Capital and a wider regeneration masterplan. Vabel acquired a development lease interest in the Queensway site from Bourne Capital in 2023 for ⁠£32.9m. Bourne Capital has kept a freehold interest in the property. The design revisions will see the development of 27 homes and three additional affordable homes. Previous consent was for 35 homes, three of which were affordable. The scheme will also deliver 2,700 sq ft of retail at ground level. The previously consented two large retail units will be replaced by three smaller retail units and improved frontage. Construction is under way, with the project to complete by Q4 2025. Image from Vabel