Royal London Asset Management has got the planning green light for a £200m office scheme next to Holborn Viaduct in the City of London.
The 36,000 sq m offices designed by PLP Architecture will see the demolition of three buildings with the foundation retained to reduce the scheme’s carbon footprint.
City of London planners yesterday backed the scheme which will stand 10 floors tall on Holborn Viaduct and 12 floors on Farringdon Street.
It is the eighth major office scheme to gain planning in the City so far this year, underlying growing momentum for a new wave of major building projects post-pandemic.
The Royal London Asset Management scheme is targeting BREEAM Outstanding and will reuse existing building materials from demolition while seeking to replace around a third of cement-based materials with low carbon alternatives during construction.
A new publicly accessible step-free lift will move pedestrians from the lower Farringdon Street up to Holborn Viaduct.
Royal London Asset Management building will incorporate the existing Holborn Viaduct Gatehouse building and also provide public step free access with a new lift
During the three-year construction programme the project will support an average of around 450 jobs annually.
The development supports sustainable travel with an additional 499 long-stay and 34 short-stay cycle parking places.
Aerial view of proposed building from Farringdon Street (lelt) and view from Holborn Viaduct elevation
Head of Development at Royal London Asset Management, Philip Sutton, said: “We are thrilled that planning permission has been approved.
“This is an exciting opportunity to regenerate this corner of Holborn Viaduct, delivering a BREEAM Outstanding building which makes a significant contribution to the wider public realm.
“The development will strengthen London’s reputation as a global business centre, providing quality commercial space that prioritises wellness and future ways of working, whilst also strengthening our market leading sustainability standards.”
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