Hammerson plc has received a resolution to grant planning permission for a 20,600 m² (221,400 ft²) office building at 60 Threadneedle Street, London EC2. The redevelopment proposals include 18,900 m² (203,400 ft²) of office accommodation, 830 m² (8,900 ft²) of retail space and 870 m² (9,100 ft²) of storage, arranged over lower ground, ground and eight upper floors.
Designed by Eric Parry Architects, 60 Threadneedle Street will occupy a prominent site at the junction of Old Broad Street and Threadneedle Street in the City of London. The scheme is on the freehold site of the former London Stock Exchange buildings acquired by Hammerson in 2004. Demolition is underway in preparation for the redevelopment.
The redevelopment adjoins the former Stock Exchange tower, now known as 125 Old Broad Street, which will be refurbished to create 31,400 m² (338,000 ft²) of office accommodation and 600 m² (6,500 ft²) of retail space. A resolution to grant planning permission for this scheme was received in April 2005.
Hammerson was advised by Montagu Evans.