London South Bank University is transforming the former Duke of Clarence pub and a grade II listed Georgian terrace in St George’s Circus into a centre for business and innovation.
Designed by architect Rivington Street Studios, the centre will provide entrepreneurial networking space for commercial tenants and businesses and an enterprise centre for the university.
Students will be among the first to have access to the centre’s amenities, which include incubation space, retail units, meeting rooms, exhibition space and an open public reception, gallery and cafe.
Director of enterprise at the university, Tim Gebbels, said: “As London’s enterprising university, we’re big on business start-ups and knowledge transfer partnerships.
"The enterprise centre will provide an additional platform to strengthen our support for local businesses - whether they rent a space in the centre or not.
"We hope to create a hub where small and medium-sized businesses can build networks and benefit from each other’s experience and expertise."
Many of the pub’s original features will be kept, such as the fireplaces, providing a link to the building’s past.
"We've already surpassed one degree of global warming," said Kristen Buida, manager of the London Climate Change Partnership.