Tower Hamlets Council has granted permission to retrofit the vacant office building at 17 Columbus Courtyard, Canary Wharf, E14, into a 250,000 sq ft life sciences facility.
The existing development on-site spans across a total of 12 floors split between two basement levels and 10 above ground levels. The proposed transformation consists of minor extensions to the existing building, partial façade replacement and upgrades, improvements to the ground floor entrance and wider internal refurbishment.
The project is set to reposition the building to allow potential future occupation by life sciences firms.
GIC and Oaktree bought 17 Columbus Courtyard in February for £100m, marking one of the largest deals completed in the first quarter of 2023, according to Knight Frank.
LS Estates is the asset manager for the scheme, with Avison Young appointed as planner. Savills and DTRE are joint leasing agents.
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