Planning permission granted for Ilona Rose House

Ilona Rose HouseSoho Estates has been granted planning to convert the old Foyles building in the Tottenham Court Road Opportunity Area into a mixed use development known as Ilona Rose House. The development will include the provision of office, retail and leisure space as well as improved public realm. Volterra authored the economic case for the development which is expected to support 1,485 jobs directly onsite. This is equivalent to an annual GVA of £128 million. Volterra Partner Ellie Evans says ‘The additional office floor space provided by Ilona Rose House is c.10% of the growth in office floor space needed in Soho over the next 20 years in order for Westminster to meet its growth targets. This is a very significant contribution from a single scheme, as has clearly been acknowledged by Westminster.’

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ELLIE EVANS

Partner

e: eevans@volterra.co.uk
t: +44 020 8878 6333

Ellie is a partner at Volterra, specialising in the economic impact of developments and proposals, and manages many of the company’s projects on economic impact, regeneration, transport and development.

With thirteen years experience at Volterra delivering high quality projects to clients across the public and private sector, Ellie has expertise in developing methods of estimating economic impact where complex issues exist with regards to deadweight, displacement and additionality.

Ellie has significant experience in estimating the economic impact across all types of property development including residential, leisure, office and mixed use schemes.

Project management of recent high profile schemes include the luxury hotel London Peninsula, Battersea Power Station and the Nova scheme at London Victoria. Ellie has also led studies across the country estimating the economic and regeneration impact of proposed transport investments, including studies on HS2 and Crossrail.

Ellie holds a degree in Mathematics and Economics from the University of Cambridge.