INDUSTRY NEWS

Bermondsey Square redevelopment finished

The Bermondsey Square regeneration scheme in Southwark is now complete.

Designed by Munkenbeck and Marshall, the south London mixed-use development now provides additional commercial property and retail units.

The project to create the new public square cost £60 million – and features a 100-bed hotel, residential property, affordable housing, retail units and an outdoor market.

It provides an additional 28,413 sq ft of office space, a cinema, and restaurants and bars to help workers from the newest offices in London unwind.

The architects said their project involved “the creation of a new heart in Bermondsey”.

The first tenant has already signed contracts – public relations firm Cow PR has agreed a ten-year lease, Property Week has reported.

Some commercial property developments in London however, remain on hold. Potential investors are keen to see if the government’s huge injection of cash into UK banks will ease borrowing conditions.ADNFCR-1329-ID-18830334-ADNFCR

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