Plans are under way to refurbish the City of London office block that will soon be the former headquarters of law firm Dentons.
One Fleet Realty, a subsidiary of Japan’s Takenaka Corporation, bought 1 Fleet Place from LondonMetric Properties for £112.5m back in 2013.
Now, the company wants to upgrade the space to pitch as a speculative home for a new tenant, with Dentons set to move to Aviva Investors’ 1 Liverpool Street next year after more than three decades in the same office.
The Kohn Pedersen Fox Associates-designed project would see improved energy performance, public realm enhancements, a new entrance and reception, upgraded office floors with terraces, and architectural façade upgrades.
“The intention is to retain the existing building while making a number of key interventions to bring it up to date, achieve performance improvements, provide Grade A office space, introduce amenity and provide a better, more secure and attractive entry sequence,” Kohn Pedersen Fox Associates’ design documents said. “This is to be a speculative office and, as such, needs to have broad appeal.”
In a separate planning document lodged with the City of London Corporation, consultancy DP9 said: “The proposed development offers an opportunity to provide an office building that meets the requirements of modern occupiers, achieved in a sensitive manner whilst providing a suite of other benefits, including improved working conditions and amenity for staff, public realm enhancements, and an improved energy and sustainability performance.”
Image © Kohn Pedersen Fox
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