British Land rows back on life sciences vision for £600m Euston Tower overhaul

By Tom Lowe2026-04-16T12:28:00

Developer said market conditions for the life sciences sector had become ’uncertain’ in latest sign of flagging demand

British Land has rowed back on plans to position its £600m Euston Tower overhaul as laboratory-enabled office space in the latest sign of a downturn in the life sciences market.

The developer asked Camden council last month to remove a planning obligation requiring a minimum of 16,500sq m of the 31-storey tower’s floorspace to be restricted to scientific, technological and educational activities.

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