British Land is looking to start work tearing down Arup’s 1-2 Broadgate and replacing it with an office and retail scheme designed by AHMM.

Plans for the 14-storey replacement went into the City of London earlier this month. Work on the 840,000sq ft scheme could start in 2020, with industry speculation that the cost will be between £250m and £300m.

The developer, working with joint venture partner Government of Singapore Investment Corporation, is not putting an official value on the scheme but is expected to give more details of its timetable when it unveils its half year results in the middle of next month.

…