Holborn Viaduct application approved

A new future for Kimberley House, Meridian House and 32 Farringdon Street as planning permission is approved.

Royal London Asset Management is delighted to announce that planning permission has been granted by the City of London Corporation for the redevelopment of Kimberly House, Meridian House and 32 Farringdon Street, the block of three buildings on the southeastern corner of Holborn Viaduct.

RLAM has been working with renowned PLP Architecture to develop a scheme that will stand out as an exemplar of quality development in the City of London. This ambitious regeneration scheme will offer future-proof, flexible space that supports impressive sustainability benefits with significant improvements to the surrounding public realm, in addition to providing an embedded cultural offer at a key gateway to the Culture Mile.

Philip Sutton, Head of Development, said:

“We are thrilled that planning permission has been approved. This is an exciting opportunity to regenerate this corner of Holborn Viaduct, delivering a BREEAM Outstanding (1) building which makes a significant contribution to the wider public realm.

“The development will strengthen London’s reputation as a global business centre, providing quality commercial space that prioritises wellness and future ways of working, whilst also strengthening our market leading sustainability standards.”

–ENDS–

The views expressed are those of the author at the date of publication unless otherwise indicated, which are subject to change, and is not investment advice.

Notes to Editors:

(1) BREEAM is the world’s leading sustainability assessment method for masterplanning projects, infrastructure and buildings. It recognises and reflects the value in higher performing assets across the built environment lifecycle, from new construction to in-use and refurbishment. BREEAM does this through third party certification of the assessment of an asset’s environmental, social and economic sustainability performance, using standards developed by BRE. This means BREEAM rated developments are more sustainable environments that enhance the well-being of the people who live and work in them, help protect natural resources and make for more attractive property investments. A building can only achieve BREEAM Outstanding if it achieves a score of 85% or above.