Henderson Global Investors has secured permission for Charterhouse Place a new commercial development at the gateway to the Charterhouse Quarter of Farringdon and Smithfield.
Charterhouse Place will provide 15,400 m² of high specification office space over nine stories and 1,400 m² of retail space.
Henderson revisited the original proposal at the former Caxton House site, 2 Farringdon Road, following Crossrail's acquisition of part of the former site of the previously approved scheme. Islington Planning Committee has unanimously approved plans for the revised scheme a major office development at Charterhouse Place.
The new scheme reduces overall building height and floor space from the previously consented scheme but delivers a sensitive solution in a heritage-rich area.
Charterhouse Place, designed by Lifschutz Davidson Sandilands, will provide 15,400 m² of high specification office space over nine stories and 1,400 m² of retail space at ground floor level. It will occupy one of the most prominent sites in the area, replacing a now demolished 1960s tower on the corner of Farringdon Road and Charterhouse Street.
A highly sustainable design, Charterhouse Place is designed to achieve a BREEAM rating of 'Excellent'. Photo-voltaic cells will cover the whole roof area alongside atrium glazing and ancillary equipment and the building will benefit from an advanced combined cooling and heating plant.
Geoff Harris, Director of Property Development at Henderson says: "We are delighted to have gained permission for this important site and look forward to driving the development forward."