Scotland Yard has confirmed the location for its new headquarters as the force prepares to sell off its current landmark site amid budget cuts.
The Met Police has to save over £500 million and cost-saving measures include moving out of New Scotland Yard on Victoria Street in Westminster.
Its new headquarters as of 2015 will be the Curtis Green Building, the former Whitehall police station which has been empty for two years.
New Scotland Yard has been in its current location since 1967 but it was claimed that it would take an investment of around £50 million to modernise the building.The force paid £124.5 million for the building in 2008 and it costs £11 million per year to run.
Plans to sell around a third of Metropolitan police buildings over the next three years could save tens of millions of pounds in running costs, however this has raised concerns about the number of front desks that will be closed as a result.
A competition has been launched to design a new HQ for the Met Police.
The Mayor of London Boris Johnson and the Metropolitan Police Service have announced that they are joining forces with the Royal Institute of British Architects to give architects the opportunity to design the new headquarters.
The current building is to be sold, and from 2015 the famous Scotland Yard revolving sign will move to a new location on Victoria Embankment - known as the Curtis Green Building.