Fitzrovia Portfolio
From the merger with London Merchant Securities the company acquired 800,000 square feet (74,000 m2) of property to add to its existing Fitzrovia portfolio. This gave the company about 1,000,000 square feet (93,000 m2) of property over more than 30 sites in Fitzrovia; about one fifth of the company's total portfolio. In November 2009 the company announced plans to transform part of Fitzrovia in central London into a new retail destination with cafes and restaurants. The company's plans were criticised in the local paper Fitzrovia News who accused the company of wanting to change the character of the neighbourhood.
In July 2010 they held an exhibition outlining their proposals for the Saatchi building in Charlotte Street: Fitzrovia News reported that Camden Council had confirmed that the Fitzrovia Partnership was intending to become a Business Improvement District (BID).
Read more about this topic: Derwent London