St Martins Corporation, the property arm of the Kuwaiti Investment Office, is planning to double the size of 5 Cheapside, the concrete hexagonal office block by St Paul’s Cathedral, EC2. St Martins is working up plans to redevelop the 44,000 sq ft office block, nicknamed the “Threepenny Bit”, into a 100,000 sq ft, six-storey scheme designed by John McAslam & Partners. The scheme will only be possible if St Martins is able to buy additional land next to the building from landlords Corporation of London and the Crown Estate.
St Martins Corporation, the property arm of the Kuwaiti Investment Office, is planning to double the size of 5 Cheapside, the concrete hexagonal office block by St Paul’s Cathedral, EC2. St Martins is working up plans to redevelop the 44,000 sq ft office block, nicknamed the “Threepenny Bit”, into a 100,000 sq ft, six-storey scheme designed by John McAslam & Partners. The scheme will only be possible if St Martins is able to buy additional land next to the building from landlords Corporation of London and the Crown Estate.
