Real Estate Advisory

Crown Estate’s £100M Redevelopment in St James’s Gets Underway

21st December 2016

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The redevelopment of Duke’s Court, a mixed retail and office block on the corner of Duke Street St James’s and Jermyn Street in St James’s will go head after having been put on hold after the Brexit vote.

Crown Estate confirmed that the development which forms part of its wider £500m investment programme in St James’s, will be delivered by Skanska. The scheme is expected to create 35,000 sq ft of new modern office accommodation, from the first to sixth floor, and 11,000 sq ft of flagship retail and restaurant space at ground and basement levels.

The Crown Estate is an independent real estate business established by Act of Parliament. Its surplus revenue is paid each year to the Treasury for the benefit of the government’s finances.

Duke’s Court is set to complete in spring 2019.

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