British Land and GIC seek planning permission for 100 Liverpool Street Makeover

Posted on 22 January, 2015 by Chris Grigorovsky

British Land and GIC have submitted a planning application to refurbish and extend 100 Liverpool Street in the City of London. The proposals will increase its total office and retail space to 515,000 sq ft.

British-Land-and-GIC-seek-planning-permission-for-100-Liverpool-Street-Makeover

The plans, designed by Hopkins Architects, propose adding an extra three floors, covering 135,000 sq ft, as well has having a restaurant, complete with an outside terrace on the 9th floor.

The venture will also see a vast improvement in the connections between 100 Liverpool Street, Liverpool Street Station and Broadgate Circle. The opening of Cross Rail in 2018 and the regeneration of the north and east of the City will also benefit Broadgate.

Currently, 5 Broadgate is under construction while Broadgate Circle is in redevelopment. Both are expected to be completed within the next few months.

Interest in the property is high, with a little over 97 per cent of the retail units pre-let or under offer with some big brands like Yauatcha, The Botanist, Aubaine and Comptoir Libanais among the future occupiers.

Head of offices at British Land, Tim Roberts, said “We have put forward a proposal for an innovative refurbishment of 100 Liverpool Street which we believe will appeal to a wide a range of occupiers.

“This is an important part of our broader plan to re-position Broadgate to meet the changing needs of a growing and dynamic market place.

“The demands on this area of the city are changing with the regeneration of nearby Shoreditch and we are focused on evolving the Broadgate campus to match these needs”.

Michael Taylor, who is senior partner at Hopkins Architects, is optimistic about the new venture, saying “We are extremely pleased to be working with British Land and GIC on the regeneration of this prominent building”.

Mr Taylor also said that they are committed to delivering the best quality office space with a “dramatically improved retail offer and public realm”.

Story: Chris Grigorovsky




Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.


Recent Posts

Interest Rates Impact on Commercial Property

Commercial Property Investment Outlook for 2023

The best places to stay on the Riviera

The latest property data has identified Newquay as the fastest property seller’s market in the UK

Investing in your garden can increase your property’s value

French Riviera temping high-end homebuyers

How can the ownership rights of my commercial property impact a business sale?

Should I incorporate virtual property viewings permanently?

Investment expected to increase across Asia-Pacific in 2021

UK property industry slows as the conclusion of tax break looms

BNP Paribas cautioned investors on Friday as debt-trading bonanza that increased its earnings this past year

Over 300,000 property purchases fell through in 2020 – we show the most frequent motives and the best way to get your house sale back on track

House Prices in the Capital Surpass £500,000

Optimism from the Bank of England’s chief economist

The most expensive commercial properties.

Businesses operating from shared premises will miss out on grants