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Malaysians crown plans for City fringe towers

One-Crown-Place-570px

Malaysian infrastructure firm AlloyMtd has lodged new plans for a mixed-use development at One Crown Place, EC2.

The revised scheme submitted to Hackney council includes two towers of 33 and 29 storeys with a third building stepping from 10 to six storeys.

AlloyMtd’s proposals include 247 homes, off-site affordable housing and 150,000 sq ft of offices.

AlloyMtd bought the site from UBS in June 2013 for around £50m.

It was previously earmarked for a 340,000 sq ft headquarters for UBS, as well as two failed development proposals.

The previously consented scheme has been shortlisted for a 200,000 sq ft requirement from law firm Ashurst, alongside British Land’s and GIC’s 100 Liverpool Street, EC2, Exemplar’s and M&G’s London Fruit & Wool Exchange, E1, and HSBC’s and Hines’ Broadgate West, EC2.

CBRE advised on planning and is the letting agent for the new scheme. Cushman & Wakefield is advising Ashurst.

newsdesk@egi.co.uk

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