INDUSTRY NEWS

Henderson Plans London office skyscraper to rival Walkie Talkie

Henderson Global Investors Ltd. is planning to build a huge London office complex in the City of London financial district.

The ambitious project by the property investment and management firm is set to cost more than £391 million to build and will be capped off with an impressive 34-storey tower.

Located at 40 Leadenhall Street and rumoured by the Evening Standard to be nicknamed Gotham City, the development will feature the 170-metre high tower at its centre and will offer more than 910,000 sq ft of London office space and an array of shops. It has been designed by Ken Suttleworth’s Make architectural practice.

The tower will be a similar size to 20 Fenchurch Street – also known as the Walkie Talkie -  and will be large enough to home 7,000 workers.

In a telephone interview with Bloomberg, Henderson director of property, Nick Deacon, said the project would not be completed until 2019 at the very earliest. He added the firm was looking to secure tenants for 300,000 to 350,000 square feet of space before beginning any construction work on the project .

Henderson Global Investors director of property development, Geoff Harris, added: “We are proposing a scheme which will fit in with the rich urban character of streets and spaces of EC3 with tall towers and lower rise blocks, primary thoroughfares, hidden alleyways and discreet public spaces.

“Make has designed a great building in a location which can accommodate a tall building but which varies in height from 7 to 34 stories to respect local and strategic views.”

News bought to you from DeVono Cresa, the award-winning commercial property advisers, specialising in Central London office, retail and leisure space.

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