Make behind new £340 million Broadgate tower for UBS
The AJ understands Make is designing the new £340 million headquarters for Swiss bank UBS at Broadgate in the City of London
Yesterday British Land and Blackstone Group announced they had signed an agreement with UBS to build a 65,000m² ‘trading’ tower on the site of 4 and 6 Broadgate near Liverpool Street station.
The existing buildings will be demolished to make way for the unseen scheme which will boast four trading floors, each with an area of around one and a half acres.
British Land and Blackstone, under their joint venture banner Bluebutton Properties, hope to start building in the middle of next year and complete the project in 2014.
Chris Grigg, chief executive of British Land, said: ‘The transaction demonstrates the enduring appeal of this important City of London office estate. At the same time, the new building will enhance the overall quality of Broadgate while generating an attractive development return.’
No one from Make was available for comment.