Out-Law News 1 min. read

Henderson unveils plans for Leadenhall Triangle skyscraper


Henderson Global Investors plans to build a 910,000 square feet office tower ranging from seven to 34 storeys at 40 Leadenhall Street in the City of London.

The plans for the 170 metre tall building, which were revealed today, also include 20,000 sq ft of space for shops, cafés and restaurants on the ground floor. A grade II listed building built in 1865 at 19-21 Billiter Street will be restored and integrated as part of the proposals. 

The proposed building, which has been designed by architect Make, will be located within the City's eastern cluster of tall buildings. Henderson said in a statement that it expects 390 jobs to be created on the site during construction, with 7,000 people expected to work in the building once complete.

Fund manager Henderson bought the Leadenhall Triangle site on behalf of clients in 2011. It has since been working on options for the site and has carried out pre-application consultation with major statutory bodies and stakeholders. 

“Henderson's plans for a new high quality office building on Leadenhall Street will be a fantastic addition to London's dynamic insurance district," said Henderson director of property for central London offices Nick Deacon. "It represents Henderson's continuing commitment to the City of London with improved public realm and pedestrian routes and the highest standards of sustainability and environmental performance."

“We are proposing a scheme which will fit in with the rich urban character of streets and spaces of EC3 with tall towers and lower rise blocks, primary thoroughfares, hidden alleyways and discreet public spaces," said Henderson director of property development Geoff Harris.  

"It is highly sustainable given the environmental measures that have been adopted and great local transport links.  The building is also a vote of confidence in the City of London and a major boost to investment, growth and employment in the economy,” he added. 

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