Privately owned property company Dominvs Group is selling a half-acre site in London’s Midtown. The site at 65 Holborn Viaduct already has planning consent for a 207,754 sq ft (19,300 sq m) project comprising a hotel, workspace and public rooftop gallery, or alternatively a 181,000 sq ft (16,815 sq m) office building.
Cushman & Wakefield is selling the 0.53 acre site for Dominvs and said that it is one of the best located development opportunities in central London, being equidistant from The City and West End and on the border of Farringdon.
The site is also close to Goldman Sachs’ Plumtree Court and adjacent to the almost 206,000 sq ft 60 Holborn viaduct which was developed by Axa IMRA, is occupied by Amazon and was acquired by Norges Bank in 2018 for £321.3 million.
Dominvs Group said it has decided to sell the site because of the number of unofficial approaches received over the summer. The company plans to diversify into the residential and student market throughout the UK over the next five years, hence the decision to sell.