Developer lodges plans for 拢16.5m Crossrail construction site
Land Securitites has lodged plans to develop 500,000sq ft of office and retail space on a City of London site that currently houses the former headquarters of Lazard Bank and a Crossrail construction site.
The developer said it had paid 拢16.5m for a leasehold interest in 21 Moorfields, which is at the western end of the Liverpool Street Station Crossrail site.
Land Securities said it had now submitted plans to the City of London Corporation for two new buildings on the 1.9 acre site, the tallest of which is 16 storeys.
It said the new structures, designed by Wilkinson Eyre Architects, would be 鈥減redominatly office space with some retail at ground level as well as public realm鈥�.
Land Securities鈥� London portfolio managing director Colette O鈥橲hea said: 鈥淭his is a site with fantastic potential and superb connectivity, located in the heart of the City, adjacent to Moorgate station and the western entrance to Liverpool Street Crossrail station.鈥�
The developer will own the site on two separate 250-year leases.
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