London office plans submitted by REIT company Hammerson.
St Alphage to receive new London office space if plans are approved.
Real Estate Investment Trust Hammerson have submitted a detailed planning application and plans to the City of London for an office development at St Alphage.
The proposed offices will be called London Wall Place and will span 495,000 square feet. Hammerson want to construct the London offices on the St Alphage site replacing the podium and 1950s tower that currently occupy the space.
The development will consist of two buildings, 121 London Wall and 123 London Wall. The first will provide 300,000 square feet of office space and will provide tenants with both executive office suites and large trading floors. The building has been specifically designed to create extensive landscaped multi-level terraces.
The second, 123 London Wall, will be located next to 5 Aldermanbury Square and is set to contain 195,000 square feet of office space and will span 16 stories.
The properties have been designed by MAKE Architects. The company was founded in 2004 by Ken Shuttleworth. They have offices in Abu Dhabi, Beijin, Birmingham and Dubia in addition to their London headquarters. Previous properties they have designed include 55 Baker Street, Noho Square, the Digbeth Coach station and The Cube in Birmingham and Beijing Residential in China.
A decision on the application should be determined by around mid 2011l; if this it is approved Hammerson expect to have the development completed by 2014 and ready for tenants in 2015.