Land Securities’ plans to develop a huge office scheme next to the Old Bailey on the west side of the City of London were approved today.
The plans, which comprise a 615,000 sq ft scheme designed by Ken Shuttleworth’s Make, were approved by the City’s Planning and Transportation Committee.
It will see the redevelopment of two 1960s buildings, Hillgate House and 50 Ludgate Hill, on an island site bounded by Old Bailey, Ludgate Hill and Limeburner Lane.
Jones Lang LaSalle, DP9 and Gleeds are advising LandSecs on the site.
Mike Hussey, managing director at Land Securities’ London Portfolio, said: ‘The new scheme at Old Bailey is an exciting design, with flexible floorplates which will appeal to the next wave of occupiers seeking high quality and efficient accommodation. As with the City of London, we expect interested parties to recognise the attention to detail and the potential for this building to be a strong contributor to the growing attraction of the City as a place to work’’