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BIG lands office scheme on Bankside next to Financial Times

Red lion court
  • 1 Comment

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).

The firm opened its London studio in 2006 and its first completed project in the UK was the centrepiece pavilion of the Serpentine Gallery’s annual summer show.

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

Img 0527

Red Lion Court (pictured left) next to 1 Southwark Bridge Road, home to the Financial Times newspaper (pictured right)

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

Rear view of google offices kings cross

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Readers' comments (1)

  • Industry Professional

    Interestingly both buildings were by the same architect (TPBennett) for the same client (Regalian) reflecting the architectural style wars raging in the late 80's.
    Red Lion Court was originally intended to be a residential scheme and was depicted as such in the episode of Only Fools and Horses where they actually became millionaires.

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