DCL Delivers Signature Letting for Covent Garden

January 17, 2011

Richard Caring’s Caprice Holdings is to open the London outpost of acclaimed New York restaurant Balthazar within the redeveloped Flower Cellars, which will be a signature restaurant anchor for Covent Garden London’s (CGL) transformation of their holdings.

Westminster Council has granted planning consent for CGL’s scheme for the building on the corner of Wellington Street and Russell Street, next to the world famous Piazza, which will incorporate a new cultural concept from the London Film Museum at basement level as well as the 150 cover restaurant. Both will open during Winter 2011.

The decision is a significant success for CGL as it continues to evolve Covent Garden into a world-class retail and dining district. Parisian patisserie Laduree, Burberry and Rugby Ralph Lauren are amongst the new openings lined up during 2011.

Tracey Mills, Director at Davis Coffer Lyons, said: “This is an iconic building and we are thrilled to have been able to assist in bringing life to one of London’s most cultural and popular destinations. It has been of central importance to the aspirations of Covent Garden London to enhance Covent Garden’s profile as an area with some really fantastic restaurants as well a rich heritage, and both Balthazar and the new cultural concept from the London Film Museum are great testament to this.”

DCL is retained F&B advisor to CGL.