Member Article

LaSalle and Citygrove receive planning permission for City office development

LaSalle Investment Management and Citygrove Securities are to proceed with their extensive redevelopment of 60 London Wall after receiving planning permission for the scheme.

The redevelopment of the property comes after extensive public consultation on the plans and will bring 320,000 sq ft of Grade A office space within walking distance of Moorgate, Liverpool Street and Bank stations.

Pencilled in for a completion date of Spring 2019, the redevelopment will focus on the ground and ten upper floors of the building, with spaces ranging from 18,000 sq ft to 40,000 sq ft, along with roof terraces and retail space.

Gary Player, Head of London Business Space, ‎LaSalle Investment Management commented: “We acquired 60 London Wall because of its first class location in an area that will hugely benefit from the new Crossrail/Elizabeth line, as well as the opportunity to create significant additional lettable area and a first class product that we will be delivering in Summer 2019.”

EPR Architects will be working on the design of the building, which will involve the addition of four extra storeys and provide a variety of flexible workspaces.

Joint letting agents are Knight Frank and JLL. EPR is the architect appointed on the scheme.

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