[First look] Foster + Partners has secured planning permission for its revised plans for a £500 million mixed-use project in Bishopsgate, east London
Backed by developer Hammerson, the 111,000m² project formerly known as ‘Bishops Place’ was rebranded ‘Principal Place’ earlier this year and redesigned to feature two blocks instead of three towers.
The London Borough of Hackney approved the scheme with its 50-storey residential skyscraper - housing 243 private apartments - and 16-storey, 57,000m² office building yesterday (6 July).
Law firm CMS Cameron McKenna is expected to take around 18,580m² of the office space.
The ‘City Fringe’ project includes the restoration of 233 Shoreditch High Street, The Light Bar Building, which would have been demolished under previous proposals.
Grant Brooker, Design Director at Foster + Partners said: ‘Hammerson set us the challenge to make this project not only the highest quality commercial and residential space in London, but to also create a new benchmark in low energy design.’
The Principal Place approval follows planning consent last week for Hammerson’s contentious 46,450m² London Wall Place scheme in the City, designed by Make.
Previous story (AJ 25.03.11)
Foster unveils revised Bishops Place scheme
[First look] Foster + Partners has revealed these images of its revised plans for a £500 million mixed-use project in Bishopsgate, central London
Backed by developer Hammerson, the project formerly known as ‘Bishops Place’ has been rebranded ‘Principal Place’ and redesigned to feature just two towers instead of three.
Following consultation with stakeholders, the revised design features a 54,940m² ‘lower rise’ office building with ‘large’ floor plates making it suitable for use as a head office or a multi-tenant facility.
Alongside the office tower will be a 50-storey residential skyscraper featuring 243 private apartments while a further 56 affordable units are located on site
Martin Jepson of developer Hammerson explained: ‘The new planning application for Principal Place represents a proactive response by Hammerson to the changing commercial market through the creation of large floor plates and flexibility of space.
‘The evolution of the scheme means we can now offer a high quality differentiated office product to city occupiers at a time when there is modest supply for this distinct type of building.’
A planning decision is expected this summer with project completion scheduled for 2014.