Work Begins on ΓÇ£Cheese-graterΓÇ¥ Office Space
Following in the footsteps of Land Securities ΓÇ£Walkie TalkieΓÇ¥ Tower, British Land have restarted construction on their own iconic addition to the Central London skyline, with Property Week today reporting that work has begun on 22 Leadenhall, aka the ΓÇ£Cheese-graterΓÇ¥, which once complete will provide over 600,000 sq. ft. of prime London office space.
Originally cleared in preparation for construction in 2009, the Leadenhall Office Building was mothballed following the financial downturn, but along with a flurry of other major office space development the scheme is back-up and running with an expected completion date of 2014.
While the office schemes ΓÇ£cheese-graterΓÇ¥ nickname looks set to establish the buildings presence alongside the well-know ΓÇ£GherkinΓÇ¥ and upcoming ΓÇ£ShardΓÇ¥, British LandΓÇÖs boss Chris Grigg had made it clear that the name is less than popular:
ΓÇ£WeΓÇÖre not massive fans.ΓÇ¥ explained Grigg, explaining that ΓÇ£We think it will be a stunning piece of British architecture, so to call it a ΓÇ£CheesegraterΓÇ¥ is very disappointing.ΓÇ¥
While the developments looks will certainly make an impact, the 225m high building has been designed with the preservation of other architectural gems in mind, with the southern side of wedge shaped building tapered in such a way as to preserve views of St PaulΓÇÖs Cathedral.
As with the ΓÇ£Walkie TalkieΓÇ¥ tower, which announced that the majority of its office space is now pre-let, interest in the office space of 22 Leadenhall also appears to be strong, as Nigel Webb, Head of Development at British Land explained to Property Week:
ΓÇ£The Leadenhall Building is already generating strong interest from a broad range of occupiers in the insurance, financial, professional and corporate business sectors and will complete at a time when we believe strong demand and supply constraints will coincide.ΓÇ¥