BNF Capital and Morgan Real Estate have secured planning consent for the redevelopment of 19 Charterhouse Street in Farringdon, London.
The DSDHA-designed scheme will comprise an extensive retrofit and extension to create 85,000 sq ft of low carbon Grade A office space alongside 8,500 sq ft of retail space and affordable jewellery units.
Construction is expected to begin in Q1 2026 and the joint venture partners are targeting NABERS 5*, BREEAM Outstanding, WiredScore and WELL Platinum ratings for the development.
BNF and Morgan acquired the property in January 2023 from Derwent London in an off-market transaction.
Colin Opp, investment manager at BNF Capital, said: “BNF couldn’t be more thrilled with the outcome. This scheme is a testament to the continued evolution of Farringdon, led by the Elizabeth Line and new Museum of London. We are proud of the collaborative efforts of all those involved in transforming this into a truly iconic gateway into Hatton Garden. We are very much looking forward to commencing works on site.”
Alex Morgan, managing partner at Morgan Real Estate, added: “BNF Capital and Morgan Real Estate are delighted with the outcome of the planning committee, and the result reflects both the quality of the proposal as well as the collaborative approach that the design team and Camden officers took to the pre-application process.
“Our plans reflect our commitment to creating forward-thinking, sustainable state-of-the-art office environments that will continue to meet the evolving demands of occupiers and stand the test of time, reflecting the long term view that underpins our real estate strategy. We are excited to start construction as soon as possible and deliver on this vision.”
