Camomile Street scheme would be firm鈥檚 third and tallest in Square Mile鈥檚 eastern cluster

Fletcher Priest is working up plans for a 40-storey tower in the City of London鈥檚 eastern cluster for French investment manager Axa IM Alts, 好色先生TV can reveal.

The office scheme is in early development and has not yet gone in for planning but would stand on Camomile Street, next to KPF鈥檚 46-storey Heron Tower.

Axa IM Alts was behind the 22 Bishopsgate development and is also behind the planned 50 Fenchurch Street tower, designed by Eric Parry, and set to be built by Multiplex.

Camomile Street

Source: Google

Camomile Street in the City of London

It would be the third and tallest Fletcher Priest-designed tower in the cluster if built, joining the firm鈥檚 32-storey 55 Gracechurch Street and the 24-storey 55 Old Broad Street, both of which have been approved.

The practice is also working on a 拢200m makeover of a 1980s building on the Broadgate campus with a 13-storey newbuild block, which will be built by Multiplex, and a 12-storey scheme at 100 Fetter Lane, which is being built by Mace.

The Camomile Street scheme is understood to be a stepped tower with a series of heavily planted balconies providing outdoor breakout space for occupiers.

A spokesperson for AXA IM Alts said it is 鈥渃urrently undertaking an early stage consultation to help inform its plans for a potential transformation of two low rise 1980s office buildings at 63 St Mary Axe and Camomile Court. 

鈥淥ur emerging proposals bring forward a highly sustainable redevelopment of the site to create a new landmark building that delivers best in class office space in the City鈥檚 Eastern tall building cluster, alongside enhanced urban greening and new public realm. Further details will be announced in due course as the plans evolve.鈥�

It would be the latest in a crop of new towers planned for the cluster, which is set to grow at a rapid pace over the next few years following the City鈥檚 zoning initiative earmarking the area as the only place in the square mile suitable for buildings more than 100m tall.

Other schemes announced recently include a 拢500m rejig of 60 Gracechurch Street by Sellar which has been drawn up by Danish practice 3XN

Other big cluster schemes unveiled in the last year include Brookfield鈥檚 54-storey 99 Bishopsgate, designed by RSHP, Stanhope鈥檚 74-storey redesign of 1 Undershaft which was submitted for planning in January and a 拢250m revamp of Deutsche Bank鈥檚 office at 75 London Wall although this will be low-rise and involves adding an extra three storeys to the existing 10-storey building.

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