London’s latest green skyscraper receives the go-ahead to break ground, with main works on the ‘hanging garden’ to start this summer.
Investment company, AXA IM has appointed construction firm, Multiplex, to build the city’s new low carbon, mixed-use office tower.
Designed by architect Eric Perry, the building’s design will give the impression of a hanging garden throughout the structure.
With over 70 different plant species to feature in the garden, the project is being dubbed one of the lowest carbon and most biodiverse high-rise towers in the country.
Development also includes a large ground level public realm to be built alongside the new subterranean Livery Hall for the The Clothworkers’ Company.
This space will include the Medieval Tower of All Hallows Staining and Lambe’s Chapel Crypt, which is being retained in the project.
While development on the 650,000 sq ft at 50 Fenchurch Street office space was green-lit last year, UK head of development at AXA IM Alts, Rob Samuel says the commencement of construction with Multiplex is a “significant milestone” in the project’s timeline.
“In addition to helping satisfy the significant demand for the first class and sustainable office accommodation that is a must have for occupiers, 50 Fenchurch will bring extensive urban greening and landscaped gardens to the Square Mile.”
Construction is scheduled to begin this summer and is expected to reach completion in 2028.
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