New Offices Recommended for London Bridge
Plans to transform a soon-to-be-vacant office block on London Bridge have been recommended for approval, paving the way for 319,000 sq.ft. of new office space in the City.
The building ΓÇô currently providing office space of nearly 237,000 square feet ΓÇô is home to US fund managers, BlackRock.
As BlackRock plans to relocate to Drapers Gardens when its lease expires, property owners Topland are free to demolish and rebuild the site with the help of property planners, Greycoat CORE.
This would be the latest in a series of plans announced in recent years to transform the area around London Bridge with such schemes as the famous Shard (due to open in July 2012), the so-called ΓÇÿBaby ShardΓÇÖ and the previously rumoured ΓÇÿShardettesΓÇÖ.
While these developments are of a similar and unique design, Chief Planning Officer for the City of London, Peter Rees, believes the design of ToplandΓÇÖs new office block to mix more naturally with ΓÇÿthe character of the areaΓÇÖ.
Mr Rees has publicly recommended what he refers to as, ΓÇ£the strategic objective of promoting the City as the leading international financial and business centreΓÇ¥ before it goes for approval next week before committee.
The new building has been designed by John Robertson Architects to stand at 10 storeys on King William Street, EC4R.
The City Walkway that currently runs down the south side of the property would be restricted for public use if the plans go ahead.
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