LaSalle IM and Lipton Rogers submit revised plans for City office tower

By
Simon Creasey

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Revised plans have been submitted to the City of London Corporation for the 1 Silk Street office tower development.

LaSalle Investment Management, Lipton Rogers Developments and Skidmore, Owings & Merrill (SOM) have submitted substantial revisions to the proposals for the site, including reducing the height of the western part of the building by more than 10m. 

The revisions also include a “significant” reduction in daylight impacts to neighbouring homes following changes to the scheme’s height, massing and façade design, in addition to a new entrance plaza for the Barbican Centre. 

The existing building that sits on the site, which is being vacated by law firm Linklaters, is no longer capable of meeting the demands of modern office occupiers and will fail to meet minimum energy requirements. When the 1 Silk Street development completes, it will provide 91,142 sq m (circa 981,000 sq ft) of Grade A commercial space. 

Gary Moore, head of international accounts, Europe at LaSalle Investment Management, said: “The revised proposals for 1 Silk Street reflect our continued commitment to listening carefully to residents and investing in the City of London’s future. While the scheme has evolved in response to feedback, our ambition remains unchanged – to deliver a high quality, future-focused commercial building that reinforces the City’s position as a globally competitive financial district, whilst strengthening culture and the public experience in the Square Mile.”

Sir Stuart Lipton, founding partner at Lipton Rogers Developments, added: “In listening carefully to feedback received, the revised scheme designed by SOM is more modest in scale, while more ambitious in public benefits. It opens itself to the community, enriches the cultural fabric of the Square Mile, and delivers clear improvements for Silk Street and its surroundings.”

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