British Land rows back on life sciences vision for 3XN's £600m Euston Tower overhaul

Euston Tower CGI

Developer said market conditions for the life sciences sector had become ’uncertain’ in latest sign of flagging demand

British Land has rowed back on plans to position its £600m Euston Tower overhaul as laboratory-enabled office space in the latest sign of a downturn in the life sciences market.

The developer asked Camden council last month to remove a planning obligation requiring a minimum of 16,500sq m of the 31-storey tower’s floorspace to be restricted to scientific, technological and educational activities.

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