LaSalle Investment Management and Citygrove Securities have finalised plans with the City of London for the redevelopment of 60 London Wall, EC2.
The property will provide 325,000 sq ft of offices over 10 floors and a newly reconfigured ground floor retail offering totalling 20,000 sq ft. The office floors will range from 18,000 sq ft to 40,000 sq ft, with 21,000 sq ft of terraces over the five upper floors. Overall, the new development will offer 30% more floorspace than the existing building.
The property is expected to benefit from the opening of Crossrail in 2018 with the new east ticket hall just 150m from the building and interchanges at Liverpool Street and Moorgate offering fast links to Heathrow airport and Canary Wharf.
Completion is targeted for Q4 2019/Q1 2020.
Gary Moore, head of international accounts, LaSalle IM said: “The team have created a first-class design, both internally and externally, with the upper floors having exceptional terracing which is rare in such a core City location. Our clients are very committed to the project and we look forward to working with Skanska and the professional team to complete the building.”
Knight Frank and JLL are instructed as office leasing agents.
To send feedback, e-mail Louisa.Clarence-Smith@egi.co.uk or tweet @LouisaClarence or @estatesgazette