Minerva and Northacre’s revised plans to redevelop the Odeon Kensington cinema, W8, have been given approved by local councillors.
The Kensington High Street scheme will comprise 100,000 sq ft of apartments – 40 flats and five larger townhouses – and a new cinema complex.
The joint venture bought the site from Odeon Cinemas in November 2005 for £24m. It resubmitted plans in March after an initial application was criticised last year.
It will now build 30 affordable homes on a separate site, rather than have 20 within the rebuilt cinema, and will retain the old cinema façade.
Minerva chief executive Salmaan Hasan said: “We are very pleased to have achieved planning consent for this landmark scheme which will, when developed, provide high quality residential accommodation and allow the locality to benefit from the amenity of a new multi-screen cinema.”