Groveworld acquires major mixed-use development site in Kings Cross
We are delighted to announce the purchase of 330 Grays Inn Road, which has been acquired from The Royal Free Charity.
The 1.5 acre freehold site in heart of King’s Cross is currently occupied by the Royal National Throat, Nose and Ear Hospital. This opportunistic acquisition is in line with Groveworld’s strategy of acquiring well-located central London sites with major development potential. Our long-term ambition for the project is to deliver a high-quality mixed-use scheme, regenerating what will be a redundant site. Our 28 years of experience at Groveworld across planning, development and construction means we are ideally placed to deliver what we expect to be a landmark development for the area and we look forward to working with London Borough of Camden and the GLA to realise that vision.
The site benefits from excellent connectivity with local, national and international transport connections, with King’s Cross and St. Pancras International stations both a five-minute walk from the site. 330 Grays Inn Road neighbours the 67 acre ‘King’s Cross Central’ urban regeneration scheme, which when completed will accommodate circa 4m sq ft of commercial space, over 2,000 new homes and has been chosen by major global companies such as Google, YouTube and Louis Vuitton as the location of their UK headquarters. Additionally, the site is located within the ‘Knowledge Quarter’, a world renowned cluster of over 85 cultural, research, scientific, business and academic institutions.