British Land enters growing market
British Land has teamed up with AHMM to redevelop 22 buildings in Shoreditch, east London to provide office space for tech companies.
The project for the Shoreditch Estate, which is owned by the City of London but sits within the borough of Tower Hamlets, is expected to be built in three phases.
The deal is British Land’s first foray in the emerging tech sector, with AHMM’s White Collar Factory for Derwent London being developed nearby. The practice is also behind Google’s new headquarters in King’s Cross.
Meanwhile, Development Securities, Allied London and Resolution Property had also bid for the site, according to BD’s sister title Property Week.
It reported that Resolution Property had proposed a scheme designed by Stanton Williams.
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