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City scheme poised

City consent

Former HQ refurbishment

London Offices – An Olympic Year?

City fringe application

Southbank space revamp

Cheapside consent

London Office Market – Special Report

Planning application submitted

Floor let in EC2 tower

City development opportunity

Broker signs for new City scheme

City scheme letting

Scheme revived

Tower letting for bank

Fitzrovia refurbishment

Mitre Square latest

Start in NW1

City office refurbishment application

Hammerson eyes huge EC2 scheme

Office consent in WC1

City scheme refused

Refurbishment in EC4

Midtown application

Permission in EC2

St James' refurbishment

City refurbishment underway

Soho scheme permission

Merchant Square activity

Letting for City scheme

City scheme close to completion

Spitalfields scheme tipped

Seal House application refused

Guildhall start

Construction start in W2

Victoria application

West End pre-let

Mayfair scheme planned

Contractor tipped

Bank makes major City HQ decision

Paddington shortlist

Start for West End scheme

Merchant Square progress

Paddington tenders

Progress on EC4 site

Major letting for new Midtown building

Riverbank House application

Letting for EC3 scheme

New Exchange application in E1

Early 2007 start for W1 scheme

Midtown offices planned

Consent for major EC4 redevelopment

Work underway in E1

New scheme for EC4

Belgrave House lettings

Redevelopment planned for EC4 blocks

Contractor appointed for EC2 office scheme

Halladale's EC2 scheme for 2007 completion

Large refurbishment consent for EC2

Cheapside scheme start date

New scheme for W1

Plans for City's tallest skyscraper

Tower race in the City

Perkins & Will appointed at Paddington

Bridge House redevelopment in EC4

Guildhall refurbishment

Huge City fringe site discussions

Corporation looks for fit-out contractor

New Drapers Garden plan

New Fetter Lane consent

British Waterways progresses E14 Wharf

Minerva Skyscraper wins approval

Sellar & CLS go next door

Belgrave House topped out

St Alphage redevelopment plan

Planning permission for Stock Exchange.

New owner for K2?

Thames Exchange gains consent

Spitalfields scheme approved

Project Glasgow

City gives thumbs up to new tower

RBS secure EC2 consent

Redesign for Gresham Street.

Grimshaw designs for LSE

Puddle Dock poised

Manhattan Loft in the City

Showdown for Ronson and English Heritage

Heron submits skyscraper application

Foster skyscraper clears planning

'Concept' for London Bridge Tower revealed

Baltic Exchange gains planning approval

Heron rumoured to be selling Procession House

Blackfriars scheme could start in 2001

Heron's skyscraper plans to be submitted

Pre-lets rumoured at Alfred Place

LandSec's New Fetter Lane scheme not yet validated

DS-1 Canary Wharf underway as a speculative scheme

Citigroup increases space at Canary Wharf

Baltic Exchange saga continues

Baltic Exchange seeks judicial review

Jewry Street redevelopment delay

Sir John Cass's Foundation, the inner London educational trust, is still in negotiations with the City Corporation for a redevelopment behind the 1899 façade of 31 Jewry Street, London, EC3. The new teaching and laboratory space and office planned would amount to 8,560 sq m (92,139 sq ft) on six storeys. The application for renewed permission was withdrawn from last weeks planning committeee for further negotiations. The architect for the latest scheme is Chapman Taylor - (21-11-2005)

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Start date for 150 Cheapside

St Martin's Property Corporation’s planned 19,000 sq m (204,516 sq ft) 8-storey office scheme at 150 Cheapside, London EC2, has been granted detailed planning permission and a shortlist of main contractors has been drawn up. Sir Robert McAlpine, Carillion, Mowlem, Skanska and Balfour Beatty are all reported to be on the shortlist for the new office building. Demolition of the existing site (known as St. Vedast House) is likely to begin before the end of this year and the building should be ready during 2008. - (14-04-2005)

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British Waterways' shorter shortlist

British Land and a consortium of Canary Wharf Group, Ballymore Properties and Manhattan Loft Corporation, have been shortlisted by British Waterways to develop the 334,448 sq m (3.6m sq ft) office scheme, hotel and apartments, on a 8.3ha (20-acre) Wood Wharf site in London Docklands, E14. A final decision on the developer is expected in January 2005 and British Waterways is likely to want to retain a share in the project. Atis Real Weatheralls is advising British Waterways. - (04-12-2004)

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Glasnost - Online Project, Contact & Image Management

Corporation of London approves

At its committee meeting this morning The Corporation of London has approved British Land's 122 Leadenhall scheme in EC3 of 55,870 sq m (601,384 sq ft) net office floorspace and Land Securities 120-122 Cheapside office development in EC2 of 23,039 sq m (248,000 sq ft). The British Land scheme is subject to the agreement of the Mayor of London and the Secretary of State but is not thought to face any major issues. - (26-10-2004)

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UBS buys Mondial House

UBS, the investment bank, is reported as having acquired Mondial House, 90, Upper Thames Street, London, EC4, from British Telecom for around £55m for it’s Triton fund. City Offices, the Greycoat subsidiary, is partnering UBS on the scheme which could include a refurbishment of building or redevelopment to provide over 46,451 sq m (500,000 sq ft). BT will take a two-year lease on the 37,160 sq m (400,000 sq ft) building to remove telephone switchgear having originally planned to redevelop the 1970’s building to a design by Foggo Associates. The site could also be incorporated into an adjoining site where the Corporation of London has been considering a development. - (10-07-2004)

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Save Smithfield Market

Save Britain’s Heritage (SBH) is setting out to save the western buildings at Smithfield Market from redevelopment plans by the Corporation of London. SBH considers that the impending fight to be as important at that for Covent Garden in the 1970’s. The General Market buildings, owned by the Corporation of London and designed by architect Sir Horace Jones, have been vacant for at least six years. Although the entire complex is within a conservation area only about 60% of the buildings are listed. Thornfield Properties is thought to be working up a planning application for office development supported by the Corporation. The site is part of a plan by the City of London to allow 1m sq ft (92,900 sq m) of development at the western end of Smithfield and the proposed Crossrail track will bisect the site. - (18-02-2004)

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Elizabeth House redevelopment unveiled

Elizabeth House, the 1960’s tower block on York Road, London, SE1, is planned to be redeveloped by P&O Properties. The developer has submitted a planning application to London Borough of Lambeth for a 116,128 sq m (1.25 sq ft) development to include a 33-storey tower, designed by architect RHWL. The site has an existing planning permission for 92,902 sq m (1m sq ft) scheme approved in 1993 in three buildings. The new scheme is for just one building and incorporates two floorplates of 4,645 sq m (50,000 sq ft) and four of 3,251 sq m (35,000 sq ft). The development will also require diverting York Road to run alongside Waterloo Station and new pedestrian links to the SouthBank. - (16-02-2004)

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British Land submits skyscraper plans

British Land has revealed the plans for a 48-storey glass tower at the site of 122 Leadenhall Street, London, EC3. The Richard Rogers Partnership is the architect of the Leadenhall Building which at 224m (737 ft) tall would be the highest in the City of London. The design incorporates a distinctive triangular shape and will provide 53,605 sq m (577,000 sq ft) of offices, with the lower floors of the building providing restaurants and bars along with 1,672 sq m (18,000 sq ft) of retail space. British Land is hopeful that the Leadenhall Building will be completed in 2006, with a late 2004 start following approval of the planning application made this week. English Heritage is thought to be more positive about this skyscraper as it does not block views of St Pauls. - (15-02-2004)

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Canary Wharf is bid target

Canary Wharf Group, the London docklands developer, is said to have been approached by “a number of parties” to take the company private. On the news shares in the company rose 46% to 263p, valuing the company at £1.54m. The company has formed an independent committee to deal with any potential bids and analyse other options. Morgan Stanley Real Estate, British Land, Land Securities, and Brascan Corporation of Canada are rumoured to be interested in buying the portfolio. In the Sunday papers price indications from prospective bidders are reported to be around 270p, at the lower end of range predicted by analysts. - (08-06-2003)

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5 Cheapside plans submitted

A planning application has just been submitted for the refurbishment of 5 Cheapside, London EC4. The architect for the scheme is Rolfe Judd and the developer is St Martins Property Corporation. 5 Cheapside is an unusual octagonal building and the office floorspace will be increased from 3,479 sq m (37,447 sq ft) to 3,786 sq m (40,752 sq ft). The 5,248 sq m (56,489 sq ft) building will have retail units of 230 sq m (2,475 sq ft) on the ground floor. - (27-02-2003)

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Exchange plans reclad

The London Stock Exchange has submitted plans to the Corporation of London for the development of its site at 125 Old Broad Street EC2. The Stock Exchange is to relocate to Paternoster Square in mid-2004 and is planning to sell its existing premises on gaining planning consent. The new plans, by architect Nicholas Grimshaw, include a major refurbishment and re-cladding of the late 1980's 27-storey Exchange Tower and the development and a new podium level of 3,031 sq m (32,625 sq ft) as part of the 'East' Building and a new nine-level block (The West Building), providing 23,958 sq m (257,883 sq ft) of offices, will be created on the site of the old trading floor on the corner of Old Broad Street and Throgmorton Avenue. The scheme will provide a total of 65,804 sq m (708,314 sq ft) of office space (gross external area) and also include 7,236 sq m (77,888 sq ft) (gea) of retail space. City Offices Management is the project manager and Ove Arup is the structures and services consultant. - (13-11-2002)

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Stock Exchange submits plans

The London Stock Exchange has submitted plans to the Corporation of London for the development of its site in Old Broad Street, London EC2. The Stock Exchange is to relocate to Paternoster Square in mid-2004 and is planning to sell its existing premises on gaining planning consent. The new plans, by architect Nicholas Grimshaw, include a major refurbishment of the 26-storey Exchange Tower and the development of two new buildings. An eight-storey block will be created on the site of the old trading floor and a five-storey building on the corner of Old Broad Street and Throgmorton Avenue. The scheme will provide 44,128 sq m (475,000 sq ft) of office space and also include 3,716 sq m (40,000 sq ft) of retail space. The London Stock Exchange is being advised by Greycoat subsidiary City Offices and Insignia Richard Ellis has advised on the plans. - (17-10-2002)

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Allen & Overy finally sign-up

Allen & Overy, the law firm, has formally signed the lease with Hammerson and the Corporation of London for its new 70,000 sq m (750,000 sq ft) headquarters at Bishops Square, Spitalfields, London E1 at £45 psf on a 25-year lease. It is thought that the firm also has a 21-month rent free period. Construction, of the Foster & Partners designed building, should start in early 2003. However everything is still subject to planning consent being granted by Tower Hamlets. The first announcement of the deal was made in March 2002 and at this time the rent free period was 18 months. - (22-09-2002)

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Mercer's scheme approved

The Mercers Company and Scottish Provident Institution have received planning approval for the redevelopment of a site on the corner of Cheapside and Ironmongers Lane, London EC2. The site incorporates Becket House at 81-90 Cheapside, 36-37 Old Jewry, the Mercers Hall, Daunsey House, 4, 4a, 4b and 5 Frederick Place, and 4 Ironmongers Lane. Siddell Gibson has designed a new 10-strorey building of 20,114 sq m (216,507 sq ft) gross, with 9,407 sq m (101,256 sq ft) net of offices and 1,836 sq m (19,762 sq ft) of retail space. - (03-03-2002)

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DIFA plans City skyscraper

Some brief details of the proposed 50-storey office tower at 6-8 Bishopsgate have been revealed. It appears that discussion on the tower, for German developer DIFA, have been held with the Corporation of London and the Mayor's office. However a planning application will not be submitted until after a decision on the Heron tower, currently at public inquiry, is made. The architect for the scheme is reported to be Helmut Jahn, the New York architect. - (04-12-2001)

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Hemingway plans tower in EC3

Hemingway Properties has submitted a planning application to the Corporation of London for a 16-storey tower with 23,403 sq m (251,909 sq ft) of offices along with retail and restaurant space in EC3. The site is bounded by Mark Lane, Hart Street, London Street and New London Street. The development advisor is Jones Lang laSalle. - (31-10-2001)

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City objects to "excessive layers"

At the 'Docklands at 20' conference Judith Mayhew, chair of policy and resources at the Corporation of London, has said that "excessive layers" are undermining the planning process and putting London position as a leading financial centre at risk. She made the point said that planning rules allowed English Heritage and others to delay approvals. Her view is that "Large developments, in the City and elsewhere, need speed and certainty in planning process" and she also seemed to be saying that the power of the Mayor of London and the Secretary of State to over-ride local authority decisions, along with individuals and organisation that "seek to influence" decisions, were unnecessary layers. - (03-10-2001)

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Leases unravelled at Belgrave House

Boodle Hatfield, the UK law firm acting for Grosvenor, is understood to have unravelled the BP leashold interest at Belgrave House, 76 Buckingham Palace Road, London SW1. BP is thought to be paying a reverse premium to end the leasehold interest and the agreement is said to include 'overage' arrangements. Belgrave House, a 1970's building, which is currently vacant, is planned to be demolished by Grosvenor. The scheme will also incorporate the Grade II listed Chantrey House. Planning consent has been granted following completion of a Section 106 (planning gain) agreements. The development should start on site in November 2001. - (27-09-2001)

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Foster & Partners appointed

The Corporation of London and Spitalfields Development Group (SDG) has appointed Foster & Partners as the architect for the 1 and 10 Bishops Square development in Spitalfields Market, London E1. The latest phase of the project will provide around 65,030 sq m (700,000 sq ft) of office space in two buildings. A new planning application for the phase, this time with an environmental impact assessment, is to be made in the autumn. - (18-06-2001)

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City says need for extra 10m sq ft

The City of London is said to need an additional 929,000 sq m (10m sq ft) of office space in the "medium term" according to Judith Mayhew, the Corporation of London's chair of policy. The extra space is needed to accommodate a forecast 68,000 increase in employment in the City by 2015. - (26-05-2001)

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London economy slows

The Centre for Economics and Business Research has said that growth in London's economy will be cut by more than half in 2001 as the downturn in the economy affects firms in the capital. The decline in corporate finance work and stock market slump will see the financial services sector act as a drag on London's growth. The CEBR expects the London economy to grow by just 2.1% this year, down from 5% last year. In 2002 growth could increase slightly to 2.6% but will be behind the national average of 3%. The report on London's economy also predicts 10,000 job losses. - (18-05-2001)

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Skyscraper site being assembled

The Corporation of London has been linked with plans to develop a 2ha (5-acre) site on the fringe of the City. The site is bounded by Shoreditch High Street, Norton Folgate, Folgate Street and Commercial Street in London E1. Ownership is thought to be mainly in the control of Railtrack as well as the interests of the Corporation of London. An announcement on the scheme is due in the next two months. There have been persistent market rumours of a 50-storey skyscraper, codenamed 'Cosmos', being planned for a site near Broadgate and Foster & Partners is said to be the architect for the project. - (30-04-2001)

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Sainsbury plans SE1 towers

Foster & Partners has revealed plans for a 35,765 sq m (385,000 sq ft) 19-storey oval office tower to replace food retailers Sainsbury's existing Drury House and Stamford House headquarters at Stamford Street, London SE1. Sainsbury is linked with Stanhope on the proposals. A planning application for the £270m scheme has just been submitted to London Borough of Southwark along with an application for a second new building on the firm's car park site in Maymott Street. The tower has a tapered 'neck' and a low-rise office block forms the base. A Sainsbury's 'Central' supermarket could be incorporated in the ground floor. The 14,490 sq m (156,000 sq ft) Maymott Street scheme could cost £70m and is planned as a 22-storey tower designed by architect Lifschutz Davidson. Sainsbury is working on the site assembly for the scheme and is said to be in the process of acquiring Wakefield House and 19-21 Blackfriars Road from Dunloe Ewart, the developer. Sainsbury is thought to be seeking to develop around 46,451 sq m (500,000 sq ft) in the various SE1 developments for completion in 2004. Sainsbury is still thought to be considering its options on the 11,150 sq m (120,000 sq ft) Rennie House, on the south side of Stamford Street. Sainsbury staff will relocate to 33 Holborn Place, London WC1, to allow the headquarters development to proceed. Healey & Baker is advising Sainsbury. - (22-04-2001)

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Court of Common Council agrees Heron scheme

The Corporation of London's Court of Common Council has voted in favour of the planning committee's recommendation that permission be granted to Heron's 110 Bishopsgate skyscraper in EC3. The building at 43-storeys will become the City's tallest tower. The secretary of state, John Prescott, has three weeks to call the scheme in and English Heritage is said to be carrying on its campaign to stop the proposed development. - (02-02-2001)

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Heron Tower wins planning consent

110 Bishopsgate, the planned 43-storey Heron Tower, in London EC3 has been approved by the Corporation of London planning committee. The scheme, designed by Kohn Pedersen Fox, will now go to the Court of Common Council on 1st February 2001. The tower was approved despite objections by English Heritage, which said the building would affect the views of St Paul's from Waterloo Bridge. The Heron Tower will be the tallest building in the City of London but will appear lower than Tower 42 (the former NatWest Tower) as it is to be built on lower-lying land. - (18-01-2001)

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SG to expand at Tower Hill site

A planning application has been submitted by Healey & Baker on behalf of SG (Societe Generale), for the redevelopment of the Minories multi-storey car park adjoining SG's office at 41 Tower Hill, London EC3. The proposal is to redevelop the Corporation of London car park to provide a 9-storey office block of 23,937 sq m (257,657 sq ft) gross and 18,615 sq m (200,371 sq ft) net office floorspace. - (17-10-2000)

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Tower Hamlets agrees two South Quay schemes

The World Trade Centre proposal at Marsh Wall, London E14, put forward by Capital & Provident Management, received planning approval this week from London Borough of Tower Hamlets. The World Trade Centre will in total comprise 2 million sq ft, in nine buildings, and is to include a Posthouse Premier Hotel. Separately, the Arrowhead Quay scheme on Marsh Wall E14, planned by Ballymore, also obtained planning permission. The Arrowhead Quay scheme is in total a 66,239 sq m (713,000 sq ft) mixed use development incorporating office, retail, and leisure. The 16-storey and 26-storey glass and steel buildings have been designed by Skidmore Owings & Merrill (020 7793 1007). - (04-10-2000)

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Plans submitted for former Patent Office

A major refurbishment is planned for the former Patent Office building at 25 Southampton Buildings and 10 Furnival Street, London WC2. A planning application has been submitted to the Corporation of London by Montagu Evans, on behalf of City & General Holdings (Holborn) Limited, for a 25,998 sq m (27,964 sq ft) refurbishment and part new build of the listed building. The Patent Office relocated to Newport in 1991 and the buildings have been in temporary use since then. - (29-09-2000)

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