Blocks’ immunity from listing reissued this year
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.
The lower four floors will be given over to retail and leisure with a new shopping centre linked to neighbouring Liverpool Street station.
British Land wants to attract more visitors to Broadgate and throw off the perception the area is for office workers only.
In the planning application, AHMM says the developer’s vision for the scheme “is for Broadgate to become the heart of this exciting and diverse part of London and to offer a vibrant place to work, shop and relax in one of the best connected central London locations”.
Last month, the developer was granted an immunity of listing for the site after the original certificate, awarded in 2013, ran out.
Historic England had tried to get the entire site listed in 2011 after proposals to rebuild the landmark 1980s estate beginning with Make’s 5 Broadgate groundscraper were unveiled. Then culture secretary Jeremy Hunt turned down a listing application in June that year.
Plans for a 32-storey, mixed-use building by Arup Associates at 2-3 Finsbury Square, next door to 5 Broadgate, were given the green light earlier this year.