A new development at 26–35 Drury Lane and 8–12 Dryden Street has been proposed by long leasehold owner Savills Investment Management and Helical Bar. The development agreement will involve the purchase of the 0.5 acre site by Helical Bar upon granting of planning permission, after which Helical will redevelop the existing buildings into residential apartments and retail and restaurant space. The site is currently occupied and comprises around 65,000 square feet of space, and is situated between Drury Lane and Dryden Street in Covent Garden.