Cheesegrater Architect set to become City Skyscraper’s Latest Tenant

Posted on 9 October, 2014 by Neil Bird

Richard Rogers, the architect of the City of London’s Cheesegrater, is reported to be considering moving his practice into the 735 ft office tower.

Cheesegrater-Architect-set-to-become-City-Towers-Latest-Tenant

According to a report in today’s Evening Standard, the architect is involved in discussions with British Land which could lead to Rogers Stirk Harbour + Partners taking the 14th floor of the skyscraper.

Rogers has been based in Hammersmith for the past 30 years, but the firm’s lease expires at the end of next year and so relocating to their new City landmark could make sense. The property is now over 50 per cent let with the developers confident of leasing the remaining space.

British Land has, so far, not confirmed whether talks are taking place or what stage they have reached.

Meanwhile British Land’s joint venture partners, Oxford Properties, have spoken with pride about their involvement with the Cheesegrater.

“It’s very difficult not to put it in what you call that trophy category,” said Paul Brundage, executive vice-president of the Canadian commercial property group.

“We were lucky to get to know the British Land team when I first came over here. They owned the site, they were looking for a partner to de-risk the amount of capital they were going to put in it.”

And the partnership is already delivering value, Mr Brundage continued, with the building already worth significantly more than the development costs.




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