Babylon singer David Gray is planning to turn The Church Studios in North London into a block of five flats with shops and office space, Pro Sound News reports.
Gray bought the studios from Dave Stewart of the Eurythmics in 2003. Artists who have worked there in the past include Annie Lennox, Bob Dylan, Radiohead, Depeche Mode, Kaiser Chiefs and Elvis Costello.
A spokesman for Gray said: “Having owned and enjoyed the church for nearly 10 years, it is time to move on.
“David would be delighted to sell The Church Studios but, given the current upheaval in the music business and the repercussions on commercial recording studios, it is only prudent to explore other avenues, including redevelopment.”
Posting on his own Facebook Fan Page, Dave Stewart commented: “It has so many memories for me, not just recording sessions. I would host evening soirees with poets, philosophers, musicians etc. Burn Frankincense on huge columns at 2am. Dylan would turn up with his band and hold court etc. or Joni Mitchell would play drums! Things have changed now, Music Scene is not the same, I understand him having to sell, I wasn't bothered about the cost of running it (always at a loss).”
Gray’s architect Mark Ruthven insisted the heritage of the building would be preserved. A decision on whether to grant planning permission will be made by Haringey council.