Westminster borough council has agreed to a proposal by Derwent London PLC to demolish its headquarters at 25 Savile Row in London’s Mayfair district and replace it with 29 apartments.
Some 5% of the office space in Westminster has been turned into homes or received approval for residential construction as residential values race ahead of those for offices.
http://www.bloomberg.com/news/2014-12-02/derwent-wins-approval-to-turn-headquarters-to-apartments.html
