British Land has committed to Phase 2 of Aldgate Place, a 136,000ft² residential-led, mixed-use scheme located on the City fringe. The building will comprise 159 premium Build to Rent apartments, 19,000ft² of best-in-class office space and 8,000ft² of retail and leisure space. The design includes a comprehensive upgrade to the public realm with increased biodiversity and a focus on health and wellbeing. Located adjacent to Aldgate East and equidistant between Crossrail stations at Liverpool Street and Whitechapel, the scheme will benefit from excellent connectivity and its proximity to the City of London.
Aligned to British Land’s 2030 commitments, Aldgate Place will be a net-zero carbon development with embodied carbon of around 620kg CO2e per sqm. The development will target BREEAM Excellent on the office space, Code for Sustainable Homes level 4 on the residential, as well as WiredScore Gold digital connectivity. Local procurement and employment is a priority, and British Land has committed to providing 10 paid apprenticeships.
Simon Carter, CEO, British Land said: “We are excited to commit to Phase 2 at Aldgate Place, our first Build to Rent development which will be an exceptional building in a thriving part of the City. This is another example of us executing against our strategy, exploiting our competitive strengths in development to deliver high-quality space with a range of uses in excellent locations.”
