International: Mitsubishi Goes Full Throttle in London
- Aug 07, 2015
By Ioana Neamt, Associate Editor
A 40-story office tower proposed by Mitsubishi Estate London is now one step closer to reality.
The Japanese company has received planning permission from the City of London to develop a 769,727-square-foot tower at 6-8 Bishopsgate and 150 Leadenhall St., The Evening Standard reported. The property will be located in the city’s skyscraper-riddled ‘Eastern Cluster’ area and will exceed the threshold for the BREEAM NC 2014 “Excellent” rating.
“This project is a major investment signaling Mitsubishi Estate’s confidence in the City of London as a world financial centre,”said Naoki Umeda, managing director & CEO of Mitsubishi Estate London in a prepared statement. “We are delighted that we will now be able to deliver a striking landmark building for London that will further enhance its global appeal.”
Dubbed ‘Prussian Blue’, the tower was designed by Wilkinson Eyre Architects and will incorporate a blend of office space, ground-floor and mezzanine retail, as well as a public viewing gallery on the top floor. The team working on the project also includes development manager Stanhope plc, structural engineer Arup and cost consultant Alinea. Gerald Eve advised on the planning for Prussian Blue.