MORNING NEWS: Stanhope calms corporate nimbys with fresh Undershaft plans

Good morning. Here’s your daily round-up of the latest news and views from EG and a collection of industry-relevant headlines from the nationals, all perfectly curated to set you up for the day ahead. Proposals that were at the centre of a unique display of corporate nimbyism have been redesigned in the hope that this time they will swiftly move through the planning process.EG can this morning exclusively reveal fresh plans for 1 Undershaft, EC3, the former headquarters of Aviva. Stanhope has submitted updated designs for the 1.6m sq ft sq ft, 74-storey tower, which it hopes will quieten push back from the scheme’s corporate neighbours.In early July, just as the plans for the vacant tower looked set to be approved, a flurry of last-minute objections from surrounding businesses led to a decision being deferred. Objections came from Lloyd’s of London chair Bruce Carnegie-Brown, who declared that the 1 Undershaft plans would result in a loss of space at street level that was a “really important convening space” for the insurance sector and from CC Land’s UK head of development Justin Black, who said that the loss of St Helen’s Square would have a “detrimental impact” on occupiers in its building – the Cheesegrater – resulting in the loss of daylight and views.The new Eric Parry Architects-designed plans will reconfigure the building’s lower floors and improve the public realm, retaining more of St Helen’s Square by moving the southern facade further north and combining the public entrances in a new, raised lobby. The extra ground-floor space will also allow for the inclusion of a 20-metre public screen facing St Helen’s Square which will display public information and showcase events.Elsewhere in the City, the founders of Puttshack and Topgolf are preparing to launch a new competitive socialising business and have picked British Land’s 100 Liverpool Street, EC2, as its first location. The new concept, Poolhouse, will take more than 20,000 sq ft on two floors in the building, occupying space currently used by John Reed Fitness. The 3,885 sq ft ground floor will include a bar, reception area with up to three pool tables and seating, while the 17,361 sq ft first floor will have 18 pool tables, private studios for coaching or events and a kitchen. In south-east London, a studio business favoured by TikTokers and artists including Lewis Capaldi and Ellie Goulding has secured its first zone 1 location at Lendlease’s Elephant Park. Qube has agreed to take 10,500 sq ft at the development in Elephant & Castle, SE16, where it plans to become a “sanctuary for creative expression”. And, six months after handing in his resignation, Capital & Regional boss Lawrence Hutchings has finally been able to leave the business. Hutchings will get almost a month of gardening leave before taking up his new position as chief executive of Workspace Group. All of the news from EG, plus a selection of headlines from the nationals: DWF extends lease at Walkie-TalkieNewRiver deal releases Hutchings from CapRegFresh plans lodged for 1 UndershaftPuttshack founders cue up City location for new pool launchBrick Lane mixed-use site marketed for £30mMusic studio tunes in at Elephant ParkBlackpool takes next step into MultiversityBruntwood SciTech tempts tech specialist from Edinburgh to AlderleyBluebook names new partnerReal estate commits to decarbonisation but lack of knowledge still major barrierWeWork sees bookings jump along London’s Elizabeth LineManchester’s Atom Valley site set to take step forwardGerald Eve’s Simon Green named president of IRRVCRE turnover on course for 20% uplift on 2023London leads EMEA’s data centre market growthBidwells grows project management teamScarborough Group bolsters life sciences holdings with Leeds buySavills and OBI tasked with filling up Manchester Northern Quarter officeAmro plans UK student expansion with new hireHospitality investor signs for hotel and leisure venue at Canary WharfRegional cities’ office take-up at six-year highHotel added to Manchester’s Viadux Phase Two schemeOakNorth loan fuels self-storage provider’s Greater London expansionPureGym jogs into Essex former Carpetright storeLaSalle IM to offload £31m Aberdeen BTR schemeBicester Motion gets funding to deliver YASA’s HQSt William submits Brighton Gasworks planning appealNorwich Research Park signs long-term investment partnerCity of London Corporation cuts carbon emissions by two-thirdsMorgan Stanley’s Glasgow HQ sells for over £50m in French deals hat-trickAvison Young appoints national lead for affordable housingNational deals round-upMilligan beefs up with new development hireUnite inquiry into hotel deal ‘passed to fraud office’ (£)PureGym plans US expansion as it pursue Blink Fitness deal (£)OBITUARY: Richard Collins, property developer who cared as much about design as he did profits