Addleshaw Goddard's Real Estate and Construction teams have advised leading London developer Mount Anvil on its acquisition of Keybridge House in Vauxhall for £92.5 million, in a joint venture with A2Dominion.
Formerly the site of the world's largest digital international telephone exchange, the site was acquired from BT Group and has planning consent for over 400 new homes and 3,500 sq m of new commercial and retail space. Once built it will include the UK's tallest residential brick tower, at 129 meters high.
The AG team was led by partners Emmett Peters and Andy McVeigh, assisted by managing associate Melissa Bolton and associate Sam Cary.
Commenting on the transaction, Emmett Peters said "The Keybridge House development will be a unique addition to the rapidly changing Vauxhall skyline. We are delighted to be supporting Mount Anvil on this key project."