Japanese conglomerate Mitsubishi is to submit a planning application to the City Of London Corporation for a 40-storey office tower in the heart of the City.
Japanese conglomerate Mitsubishi is to submit a planning application to the City Of London Corporation for a 40-storey office tower in the heart of the City.
Mitsubishi Estate, a major Japanese developer, is proposing an office-led, mixed-use tower with flexible retail use at ground and mezzanine floor levels on a site located at 6-8 Bishopsgate and 150 Leadenhall Street, in the City’s Eastern Cluster of tall buildings.
Given its central location, the Wilkinson Eyre-designed redevelopment is expected to have strong appeal for both insurance and financial tenants. The building will provide a total of 71,501 m2.
Naoki Umeda, managing director and CEO of Mitsubishi Estate London, said: 'The submission of this application represents Mitsubishi Estate’s confidence in the City of London’s long-term growth prospects as a world financial centre, and its attractiveness for blue-chip companies. We look forward to enhancing the offer of the City further by delivering a striking landmark building on this fantastic location, which bridges London’s financial and insurance districts.'
Stanhope is the development manager on the scheme, Arup is the structural and services engineer and Alinea is the cost consultant. Gerald Eve is advising on planning.