Maples Teesdale advises Cheyne Capital on the £140m mixed use development of the former London Taxi Drivers’ Association HQ
Maples Teesdale have advised alternative asset manager Cheyne Capital on the construction contract for the £140m development of the former London Taxi Drivers’ Association HQ in Westminster.
The mixed-use scheme will transform the site on the banks on the Grand Union Canal in central London, delivering 332 modern co-living rooms alongside a wellbeing centre, swimming pool and cinema.
Key to the development is the high-quality space dedicated to community groups and businesses. 1,100sqm of workspace specifically designed for SMEs, small start-ups and craftspeople will be delivered with 20% of the space to be capped at affordable levels to encourage community-led projects and the creative industries.
The building is designed to achieve a BREEAM Excellent rating and will vary in scale and height, from 3 to 12-storeys, as well as incorporating 2,200 sqm of green biodiverse roofs. The facade will be predominantly brick with varying reveals while the pavilion building will feature terracotta rainscreen cladding with large format glazed elements to enhance visual connections across the canal-side.