British Land and its Singapore investment partner GIC have submitted a detailed planning application for the refurbishment and extension of 100 Liverpool Street. They also plan to add three further floors to the building to create an as-new building with 515,000 sq ft of office and retail space.
Work is expected to begin next year, when the current tenants, Swiss bank UBS, move out and into the new 5 Broadgate, currently under construction.
The proposal also improves the connections and public space between 100 Liverpool Street, Liverpool Street Station and the Broadgate Circle.
British Land said that the development, designed by Hopkins Architects, formed part of its long-term vision for the Broadgate campus at Liverpool Street station. From 2018 the development will also be served by Crossrail trains.
British Land head of offices Tim Roberts said: “We have put forward a proposal for an innovative refurbishment of 100 Liverpool Street which we believe will appeal to a wide range of occupiers. This is an important part of our broader plan to re-position Broadgate to meet the changing needs of a growing and dynamic market place. The demands on this area of the City are changing with the regeneration of nearby Shoreditch and we are focused on evolving the Broadgate campus to match these needs.”
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