Mayor of London Boris Johnson’s office has rejected Farringdon Property’s plans for the redevelopment of the former Guardian headquarters in London, and the developer is now focusing on letting out the existing building.
The building – 119 Farringdon Road – was partly let last week to Datamonitor Ltd. Business information company Datamonitor took 43,858 sq ft at the existing building. Richard Susskind & Co and DTZ advised.
It also has a further 20,000 sq ft under offer at the building.
The Mayor – who already rejected earlier plans for the development on this site – asked his deputy to make their rejection of the new, planned redevelopment of the scheme public, saying that it did not comply with London Plan policy.
The recommendations have been passed to Islington Council, which is considering a planning application for the scheme.
The Mayor said the problems could be rectified but it is thought that the developer, Farringdon Property, will now work on letting the entire 82,000 sq ft building before revisiting redevelopment plans at a later date when the climate for development is more favourable.
The Mayor said the scale of the scheme overwhelmed the surroundings, and raised urban design and conservation issues. The loss of trees was also an issue.
The developer was also required to make a contribution to Crossrail and more information, if the development was going ahead, would have needed to be provided on energy, transportation, and the contribution to affordable housing.