Co-Re and Aviva plan ‘distinctive’ tower

Co-Re and Aviva Investors have put plans to develop a major new tower at 130 Fenchurch Street, EC3, out to public consultation. Initial proposals for the WilkinsonEyre-designed scheme include a 31-storey tower of around 500,000 sq ft to replace the existing vacant scheme. Aviva and Co-Re said the scheme would comprise a “distinctive tower and crown design that provides visual interest in key townscape views”, a significantly improved public realm, plus new commercial floorspace to meet renewed demand for quality and sustainable office space in the City. Ben Littman, head of development, real estate, at Aviva Investors, said: “Fenchurch Street is such a dynamic area in the City of London and arguably the epicentre of development activity in the capital. Our proposals for 130 Fenchurch Street are designed to breathe new life into what is a tired, inefficient and outdated asset, and create a scheme which we think will be a showpiece in this exciting part of the City.” He added: “Working with Co-Re and WilkinsonEyre, we believe these proposals have the potential to deliver a scheme of the highest standards. The City Plan 2040 outlines more than 1.2m sq m of additional office floorspace being required by 2040 and we are pleased to support the delivery of that through these new proposals, adding to our existing schemes at One Liverpool Street and 101 Moorgate, demonstrating our continued commitment to the City as an exciting place to invest. “Our aim is to create a scheme that can play a role in continuing to attract world-leading businesses to the Square Mile, while also benefitting the surrounding area. As such, engaging with the public is an incredibly important part of the project and we look forward to doing exactly that over the next few weeks.” Consultation on the proposals opens on 10 December and runs until 3 January 2025. Image © WilkinsonEyre