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A £400 million development finance facility to fund 105 Victoria Street means building work will commence this year, with Skanska as the main contractor. Welput,...
Read Full ArticleAn office-led development that sits across two levels on Holborn Viaduct and Farringdon Street has been granted planning permission.
Royal London Asset Management has been working with PLP Architecture to develop a site that will deliver up to almost 36,000 sqm of flexible office floorspace, including scope for 14 SME desk spaces.
Targeting BREEAM Outstanding status, the scheme includes public spaces featuring biodiverse planters with integrated seating and new dynamic public artwork in the form of digitisations of Museum of London’s artefacts.
The development also features a celebration of the Grade II listed south-eastern Gatehouse – one of four that frame the Holborn Viaduct bridge. The gatehouse will also be equipped with new CCTV and renewed lighting to promote safety and security.
A new publicly accessible step-free lift will move pedestrians from the lower Farringdon Street up to Holborn Viaduct. At present, the only public vertical movement is via steps within the gatehouses.
The development supports sustainable travel with an additional 499 long-stay and 34 short-stay cycle parking. There will also be cargo-bike parking facilities and a new Wellness Hub with lockers and showers for office occupiers.
"Schemes which boost vibrancy and accessibility, such as this development on Holborn Viaduct, will continue to help in drawing people to the City for work and play when Government guidance allows."
–Alastair Moss
Chair, City Corporation’s Planning and Transportation Committee
Philip Sutton, Head of Development, 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 that 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.”
Chair of the City Corporation’s Planning and Transportation Committee, Alastair Moss, added: “This unique scheme embraces the history of the site through the celebration of the Gatehouse, while also providing much needed high-quality flexible office space for the City.
“Schemes which boost vibrancy and accessibility, such as this development on Holborn Viaduct, will continue to help in drawing people to the City for work and play when government guidance allows.
“With a business occupier already expressing interest in the development for its London headquarters, it is clear that the City office market is not only surviving – it is thriving.”
Picture: a photograph of the proposed complex from above. Image Credit: PLP
Article written by Ella Tansley | Published 20 December 2021
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