{"id":47148,"date":"2018-09-14T14:38:15","date_gmt":"2018-09-14T13:38:15","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=47148"},"modified":"2022-10-19T15:23:13","modified_gmt":"2022-10-19T14:23:13","slug":"development-finsbury-tower","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/development-finsbury-tower\/47148\/","title":{"rendered":"CIT to redevelop mixed use development Finsbury Tower"},"content":{"rendered":"
\n

Real estate investor and developer, CIT has announced plans to redevelop Finsbury Tower in central London<\/h2>\n

Located at 103-105 Bunhill Road near the Old Street Roundabout, an existing 153,000 sq ft office building will be transformed into a 310,000 sq ft retail, residential and office<\/a> space across 29 stories.<\/p>\n

Commenting on the build,\u00a0Craig Johnston, Chief Operating Officer of CIT comments,\u00a0\u201c<\/em>This scheme will deliver\u00a0highly sought-after office space, alongside new retail and improved public realm in the Capital\u2019s tech district between Old Street and the City Fringe.<\/p>\n

“We are pleased to be moving forward with this exciting development and working alongside Brookfield<\/a> and ARI<\/a>.\u201d<\/p>\n<\/header>\n

\n

The Old Street and City Fringe area has becoming increasingly popular amongst the technology<\/a>, media telecommunications (TMT) and creative industries.<\/p>\n<\/div>\n

The new build will host a range of flexible office space from 6,000 sq ft to 24,000 sq ft that has been adapted and created to accomoodate the needs of modern day working.<\/p>\n

\n

Shaun Simons, Director & Co-Head of City Fringe at Colliers International<\/a>, said:\u00a0\u201c<\/em>The offering at 103-105 Bunhill Road is extremely rare. The scale of the building allows for a variety of floorplates in the heart of the Old Street district well suited to accommodate a range of company sizes and types.<\/p>\n

“The development will also be innovatively set up as a creative campus, with enough clientele to demand its own tailored retail and restaurant brands.\u201d<\/p>\n

Further to the additional office spaces, the development will incorporate 20,000 sq ft of landscape and new pedestrian routes.<\/p>\n

In addition, Bunhill Row will be occupied by a range of independent retailers and restaurants.<\/p>\n

Office letting agents representing the development include BNP Paribas, Cushman Wakefield and Colliers International.<\/p>\n<\/div>\n

\n<\/div>","protected":false},"excerpt":{"rendered":"

Real estate investor and developer, CIT has announced plans to redevelop Finsbury Tower in central London. <\/p>\n","protected":false},"author":18,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[304],"tags":[676,856,947,952],"stakeholder_rel_tag":[],"contributor_rel_tag":[],"class_list":{"0":"post-47148","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-planning-construction-news","7":"tag-construction","8":"tag-construction-technology","9":"tag-london","10":"tag-planning"},"acf":[],"yoast_head":"\nCIT to redevelop mixed use development Finsbury Tower<\/title>\n<meta name=\"description\" content=\"Real estate investor and developer, CIT has announced plans to redevelop Finsbury 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