Bjarke Ingels Group (BIG) has been appointed on a major new office scheme next to the Financial Times building on the Thames
The Danish practice has been selected by developer Landsec to undertake feasibility work for a 30,000m² building at the Red Lion Court site on Park Street.
If taken forward, it is understood the scheme would be BIG’s second largest project in the UK after its collaboration with Heatherwick Studio on the new Google HQ at King’s Cross, which was approved last August and is currently on site (pictured below).
Red Lion Court and the neighbouring 1 Southwark Bridge Road, home to the Financial Times newspaper since 1987, were identified as a key development opportunity Southwark’s new local plan.
Red Lion Court (pictured left) next to 1 Southwark Bridge Road, home to the Financial Times newspaper (pictured right)
The FT’s building was sold earlier this month to M&G Real Estate for £115 million ahead of the newspaper’s move back to its former home in the City next year.
The council has indicated its preference for schemes that reprovide at least the existing amount of employment floorspace and provide a new link from Park Street to the Thames Path.
It said mixed-use redevelopments of the site ‘could include taller buildings’ subject to consideration of impacts on the existing character of the area.
Landsec bought the building, currently let to Lloyds TSB, for £67 million in 2005.
The developer has said it intends to submit a planning application to Southwark Council in summer 2019.
Rear view of google offices kings cross