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Fidelity Investment Management

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Development planned for Park Lane

Fidelity moves London staff

Fidelity on-site at South Quay

Fidelity Investment Management, through its property arm Pembroke Real Estate, has now started site preparation for the redevelopment of the former 'The Guardian' printworks site at South Quay, London E14. The new scheme, known as 'London Millharbour' will provide a total of 71,000 sq m (764,224 sq ft) of office space and 2,787 sq m (30,000 sq ft) of retail and restaurant space, in four linked buildings ranging from of 9 to 19 storeys. Michael Hopkins and Partners is the architect for the scheme, which will be built in two phases. The Eastern Tower will be Phase 1, providing 42,800 sq m (460,699 sq ft) of offices and retail, with the Western Tower providing the remaining space. The main construction is due to start in early 2002 with completion planned for 2004. - (15-10-2001)

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2 Millharbour deferred

Fidelity Investments Guardian Printworks scheme at 2 Millharbour in the Millennium Quarter in South Quay, London Docklands E14 was deferred by London Borough of Tower Hamlets for further information to be provided. The developer has agreed to provide Tower Hamlets with £23m in section 106 payments, primarily to be used for transport improvements. - (20-05-2001)

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