British Land and GIC have submitted a planning application to refurbish and extend 100 Liverpool Street in the City of London. The proposals will increase its total office and retail space to 515,000 sq ft.
The plans, designed by Hopkins Architects, propose adding an extra three floors, covering 135,000 sq ft, as well has having a restaurant, complete with an outside terrace on the 9th floor.
The venture will also see a vast improvement in the connections between 100 Liverpool Street, Liverpool Street Station and Broadgate Circle. The opening of Cross Rail in 2018 and the regeneration of the north and east of the City will also benefit Broadgate.
Currently, 5 Broadgate is under construction while Broadgate Circle is in redevelopment. Both are expected to be completed within the next few months.
Interest in the property is high, with a little over 97 per cent of the retail units pre-let or under offer with some big brands like Yauatcha, The Botanist, Aubaine and Comptoir Libanais among the future occupiers.
Head of offices at British Land, 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 a 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”.
Michael Taylor, who is senior partner at Hopkins Architects, is optimistic about the new venture, saying “We are extremely pleased to be working with British Land and GIC on the regeneration of this prominent building”.
Mr Taylor also said that they are committed to delivering the best quality office space with a “dramatically improved retail offer and public realm”.
Story: Chris Grigorovsky
