A planning application has been submitted by Harborough District Council in a bid to transform their historical HQ on Adam and Eve Street.
The scheme would see a redevelopment of two floors into office space for partner organisations and communities, and a freeing up of another floor for retail units.
With the Salford Quays development, mediacity:uk, the first phase only one year away from full completion, it would be apt to see what this new development wil offer the UK.
mediacity:uk is a 200-acre property development in Salford, that will heavily focus on the media industry, touting itself as a ‘true community atmosphere’. It aims to become a thriving city within a city, which will be just as much about living as it is working.
Developed and managed by a partnership of Central Salford Urban Regeneration Company, Peel Holdings and Salford City Council, it will house 700,000 sq ft of offices, 250,000 sq ft of HD studios including the largest one in Europe, public park and events space, 378 apartments, a 218 bed Holiday Inn, a Booths supermarket and a 2,200 space car park.
As decreasing office space in London becomes an ever-growing concern, major plans for 15 new skyscrapers are pushed for by developers.
Due to the recent recession in the UK, office space in London has been decreasing noticeably as almost all building in the capital stopped from 2008.
The 15 new developments are scheduled to be built in the next five years. The most advanced is a trio of buildings in the capital: the Heron Tower, the Pinnacle and the Shard, which will stand as the tallest building in Europe at 310 metres.
One of Britain’s biggest property companies plans to put an increased number of assets up for sale, due to a degree of “market uncertainty”, which could mean that market pricing could become more volatile.
Property company Hammerson is seeking the sale of Harbour Exchange Square, London Docklands, for £150m, and are expecting the company to be a net seller of assets for the rest of 2010.
Despite concerns about the current economic and employment situation, Hammerson is seeking pre-lets on two developments at Bishops Place and St Alphage. At Bishops Place, the company has planning consent for 650,000 sq ft of office space, but remains flexible on the number of buildings.