A little known data centre developer is making an ambitious play for a pair of major London redevelopment sites.
Re:Gen World is in advanced talks to buy the Vauxhall Cross, SW8, site from Wendover Investments for more than £100m.
The site has consent for a £400m residential-led mixed-use scheme. However, Re:Gen is thought to be planning to pursue new plans for a data centre-led development.
Vauxhall Cross benefits
from some of the best digital infrastructure in London thanks in part to its proximity to the capital’s intelligence community.
The current plans include 291 flats in two towers and a 107,382 sq ft hotel.
The site adjoins Vauxhall Underground station.
Separately, the company has also submitted a bid for the West End Green site to the north of Paddington Basin, W2.
The £200m consented scheme includes a Squire and Partners-designed tower comprising flats and a hotel.
Re:Gen World is backed by entrepreneurs John O’Toole and Barry Walsh.
A spokesman said: “Re:Gen is a new partnership of like-minded individuals looking to spearhead urban regeneration schemes.
Knight Frank is advising on the sale of Vauxhall Cross; JLL is acting on West End Green.
