Kaupthing Bank, Aviva Investors and Exemplar Properties announced on Friday that they have entered into an agreement to develop the former Middlesex Hospital site on Mortimer Street in Fitzrovia, London. The three-acre site will be transformed into an integrated sustainable mixed-use community, centred on a new landscaped public realm that embraces the listed hospital chapel. The high-quality scheme is expected to be complete by late 2014.