The London Borough of Croydon's planning committee has granted permission to developer Legal & General (L&G) to convert an office building in East Croydon into 288 apartments. The 24-story St. George's House was once the headquarters of Nestlé, until the company moved last year.
L&G plans to add five stories and a roof garden to the tower as well as transition the existing building into apartments, shops and ground floor community facilities, according to the BBC.
"This exciting plan matches the council’s vision for transforming the town center into a place to live as well to work, shop and socialize," Councilor Jason Perry told Property Magazine. "It is a significant leap forward in the council’s strategy for regenerating the town center, refreshing its 1960s streetscape and boosting the economic growth of the borough."