RSS
London SE1 website team

20 Blackfriars Road sold by Land Securities

Developers Land Securities have sold their 20 Blackfriars Road site. The new owners says that they will press ahead with plans for 42-storey and 23-storey towers.

20 Blackfriars Road model
Model of the Wilkinson Eyre-designed scheme seen from the north-west (looking across Stamford Street with the Mad Hatter in the foreground)
Paper Moon Blackfriars Road
The scheme involves the demolition of the Paper Moon pub on Blackfriars Road and all the other buildings in this picture

Land Securities bought most of the site from Sainsbury's in 2003 for 38 million and aquired the remainder in smaller transactions. Property Week reports the resale price of the entire site as 90 million.

New owners Circleplane (sole shareholder David Hackmey) say that they will continue with the planning application for 20 Blackfriars Road submitted in February by Land Securities.

"We are excited to become involved in the regeneration of Southwark," says David Hackmey. "We want to work with the community and be good neighbours."

Land Securities commissioned architects Wilkinson Eyre who designed a 23-storey (104-metre) office tower on Blackfriars Road and a 42-storey (141-metre) residential tower on Stamford Street with retail at ground level.

By comparison nearby King's Reach Tower is 111 metres tall and the proposed Beetham tower north of Stamford Street would stand at 180 metres.

The development site is bounded by Paris Garden, Stamford Street, Blackfriars Road and Christ Church Garden.

A planning application for the scheme was submitted to Southwark Council in February. In April design watchdog CABE gave the scheme a "warm welcome".

The SE1 website is supported by people like you

Please join our membership scheme or sponsor an hour of local reporting so we can survive


You can also make a small payment to say 'thank you' for this article with Tibit:

This article on a map

Map

Keep up with SE1 news

We have three email newsletters for you to choose from: