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A new report from Cityoffices and Metropolis looks ahead at the London office market in 2012. Amongst its conclusions are that the trend towards refurbishments in central London will continue, with dozens of office revamp schemes lined up to go ahead this year, including 1 Threadneedle Street, 36 Queen Street and 51 Eastcheap. 2011 saw 50 new development starts, of which over 70% of these were refurbishments. - (10-02-2012)
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Royal & SunAlliance has been shortlisting architects for a planned redevelopment of 62-63 Threadneedle Street, London EC3, which could also include 1 Bartholomew Street, to create a combined development of about 18,680 sq m (200,000 sq ft). On its own 1 Bartholomew Street could provide a scheme of around 6,500 sq m (70,000 sq ft and could be started in advance of the other building. it is understood that Royal & SunAlliance has narrowed its shortlist down to three practices. A decision on the architect for the scheme will be made by the end of April, with a planning application expected to be submitted at the end of the year. - (05-04-2001)
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