Unsupported browser

For a better experience please update your browser to its latest version.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Foster + Partners to design ‘landmark’ scheme in Shard’s shadow

  • 5 Comments

Foster + Partners is to design a ‘landmark redevelopment’ of the 1960s Colechurch House near London Bridge station

The existing 5,400m² mainly office building, close to Renzo Piano’s Shard, is owned jointly by the City Corporation and Southwark Council.

The City of London has entered into an agreement for lease with investors CIT – the private equity estates group that previously delivered the nearby More London development, again with Fosters. 

The authority, which is also a trustee of Bridge House Estates, will retain the freehold of the site and a ground rent income from a ‘landmark new building’, seemingly spelling the end for the existing block.

The income from the Bridge House Estates investment property portfolio is currently used for maintenance of the five City Bridges with the surplus used by a trust for charitable grants totalling around £20 million per year.

’Colechurch House is another example of the City of London Corporation working with a development partner to bring forward a prime central London site,’ said Tom Sleigh, chair of the City of London Corporation property investment board. ‘CIT has great ideas for the site and [we] look forward to working with the experienced team on the planning application.’

Colechurchhouse december 2018

Colechurchhouse december 2018

CIT chief operating officer Craig Johnston said: ‘Colechurch House represents the latest in a series of CIT projects successfully revitalising redundant buildings for modern uses. Our ambition is to bring forward plans for an iconic development in this well-established business district, and be part of the future of one of London’s most vibrant, exciting and active areas.’

It is understood that engineer AKTII is working with Fosters on the mixed-use office-led scheme, which is next door to Grimshaw’s 2019 RIBA Stirling Prize-shortlisted revamp of London Bridge station.

A future timescale is not yet known.

 

  • 5 Comments

Readers' comments (5)

  • How many landmarks does one square mile need?

    Unsuitable or offensive? Report this comment

  • Oh no, there goes the planet, again...

    Unsuitable or offensive? Report this comment

  • MacKenzie Architects

    That's a building that offers nothing at street level if you come out of London Bridge Tube station, or the bridge itself.
    Plenty of scope for some imaginative public space if they re-arranged the spaghetti of bridges, roads, ramps and alleyways -and an imaginative building

    Unsuitable or offensive? Report this comment

  • Strictly speaking the existing building IS one of imaginative public space iand an imaginative building, it's just designed from a different era when the street was less imprtant than the sky.

    Unsuitable or offensive? Report this comment

  • 'Successfully revitalising redundant buildings' so the 'iconic development' is to reuse Colechurch House - perhaps the frame and floorplates - is it?
    If not, Craig Johnston has about as much credibility as his near-namesake Boris.

    Unsuitable or offensive? Report this comment

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions.

Links may be included in your comments but HTML is not permitted.

Related Jobs

AJ Jobs