Asset management firm, Henderson Global Investors, has unveiled plans for a £400 million office tower in the heart of the City. The proposed development, which varies in height between 7 and 34 storeys, will occupy a site between Leadenhall Street and Fenchurch Street and incorporate a Grade II listed building which will be restored and integrated into the design.
The plans are designed to complement the existing urban fabric of The City
The commercial development will reportedly provide close to a million square feet of office space along with 20,000 square feet of shops, restaurants and cafés at street level. Henderson’s director of property development, Geoff Harris, highlights the building’s green credentials and says that it represents the firm’s commitment to the district.
“It is highly sustainable given the environmental measures that have been adopted and great local transport links.
“The building is also a vote of confidence in the City of London and a major boost to investment, growth and employment in the economy,” he said.
The building will be built in vertical slices around the 19th century listed building with its tallest point on the northern side of Leadenhall Street before the height drops as it approaches the Thames. It is designed to complement the existing urban fabric of the City and will preserve the ceremonial view of St Paul’s.
The proposals also feature plans for improvements to the public realm. These include retail frontages that will be set back and wider pavements on the key pedestrian routes of Leadenhall Street, Fenchurch Street and Billiter Street. In addition the proposals include over a thousand bicycle spaces and a number of mobility scooter charging points.
It is believed the proposal has already been discussed with City planning chief, Peter Wynne Rees, which indicates the plans are likely to be approved.
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