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Architect Renzo Piano has revealed his designs for the Central St Giles scheme in the Tottenham Court area, Property Week has reported.
The scheme will redevelop a former Ministry of Defence plot and create a 500,000 sq ft mixed-use site.
"The architectural challenge was to create a development that brings heart and soul into a forgotten part of Central Londons urban fabric," Mr Piano said.
He hopes to create a place, which "by adding levitated, articulated and colourful buildings, physically expresses the people-focused and socially responsible credentials of modern corporate tenants".
When completed it will comprise of three buildings with 13 irregularly orientated ceramics and glass facades, 109 apartments and 393,000 sq ft of space for new offices in London.
Half of the scheme’s flats will be affordable housing and 27 per cent of the site will be dedicated to free space, which will include two public squares.