New Development Partner Needed for Limmo Peninsula in Newham
Transport for London’s commercial property arm is looking for a joint venture development partner to redevelop five hectares of land in East London. The Limmo...
Read Full ArticleTransport for London is to partner with Helical to create a new sustainable commercial office portfolio across central London.
TTL Properties Ltd, the property arm of Transport for London (TfL), and Helical will develop the sites at Bank, Paddington and Southwark.
The joint venture company will purchase leasehold interests in the sites from TfL and establish individual property companies for each site. The sites will then be developed directly by the company, which is to be funded with equity and debt.
The buildings will be constructed on the basis of net-zero carbon, a rating of BREEAM Outstanding and Platinum WELL v2 Core.
Above the new station entrance on Cannon Street, this eight-storey development, along with a basement, will include both office and retail space, measuring around 140,000 sq. ft. Net Internal Area (NIA), external terraces on the fifth, sixth and seventh floors and a green roof.
Located by Grand Union Canal and close to the new Elizabeth line station at Paddington, this 19-storey building currently has permission to deliver new office and retail space measuring around 235,000 sq. ft. NIA. It will include a canal-side reception and use a ground and air source heat pump system.
Above Southwark Tube station on the Jubilee line, this 17-storey hybrid timber building is set to be one of the greenest and healthiest large-scale commercial buildings in the UK. Measuring around 220,000 sq. ft. NIA, it will provide a mixture of commercial office space and retail space and has external terraces on most floors.
Picture: a render showing the proposed Bank over-station development. Image Credit: TfL and Miler Hare
Article written by Ella Tansley | Published 16 February 2023
Transport for London’s commercial property arm is looking for a joint venture development partner to redevelop five hectares of land in East London. The Limmo...
Read Full ArticleTransport for London is searching for a new joint venture partner to create a portfolio of three new commercial office developments at Bank, Paddington and...
Read Full ArticleThe British Library is to have an 800,000 sq ft extension to its King’s Cross site, with construction beginning in 2023. There will also be 100,000 sq ft of new...
Read Full ArticleA building certification that measures the social value of a building has been launched by Fitwel. Watch the Video > Investors...
Read Full ArticleTransport for London has revealed how it will deliver a net gain in biodiversity across its estate, as one of London’s largest landowners. Watch the...
Read Full ArticleGlobal FM business ABM has signed a contract with Transport for London to provide mechanical and electrical services across the London Underground network. ABM has...
Read Full ArticleAsset manager Blackstone has broken ground on its new London office, in a ceremony attended by Prime Minister Rishi Sunak. Located on the site of the former historic...
Read Full ArticleWeekly publisher The Economist Group has taken the entire top floor of 154 Great Charles Street, Birmingham. The 3,684 sq ft space is at the newly refurbished office...
Read Full ArticleControversial plans for the redevelopment of the former ITV headquarters on London’s South Bank have been approved by Michael Gove. The decision follows a...
Read Full ArticleOver 80 per cent of commercial property occupiers are increasing their technology budgets despite a difficult operating environment, according to JLL's 2023 Global...
Read Full Article