Ivanhoé Cambridge secures planning for City of London office redevelopment 

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Ivanhoé Cambridge has secured planing consent for the redevelopment of 21 Lombard Street in the City of London.

Designed by Woods Bagot, the scheme will offer 135,000 sq ft of office space over 11 floors. An extension to the building will provide several roof terraces with extensive planting and views of the City.

The project will retain more than 70% of the existing structure, while at the same time upgrading the building through a low-embodied carbon refurbishment. The MEP equipment will also be completely replaced with an all-electric system.

Ivanhoé Cambridge is targeting BREEAM Outstanding, net zero operational carbon, a WELL Gold building certification and a 5* Nabers rating.

Alex Thorpe, associate director at CO—RE, which is advising Ivanhoé Cambridge on the redevelopment, said: “21 Lombard Street aspires to be a modern office building for all, that embodies high-quality architecture, high standards of environmental and carbon credentials, and places high importance on the health and wellbeing of its occupiers.”

James Taylor, principal at Woods Bagot, added: “This approval great news for the City and is the result of an ambitious team and collaborative process. 21 Lombard Street sets a benchmark of how to reimagine existing buildings as well performing, attractive and sustainable workspace to keep our cities relevant for the future.”

The redevelopment is expected to complete in 2028.

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