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RSHP’s £1.1bn British Library extension to start next year after Japanese developer takes control of scheme

By 2025-03-19T11:25:00

RSHP British LIbrary 2022 8

  The 12-storey extension will contain around 100,000sq m of floorspace

Japanese developer Mitsui Fudosan has taken control of the delayed £1.1bn extension to the British Library and promised the project will start construction next year.

The Tokyo-based real estate firm has taken full ownership of SMBL, the scheme’s development partner which had previously been a JV between itself and Stanhope, and retained Stanhope as development manager.

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