Scheme at 63 Charterhouse Street designed by Lifschutz Davidson Sandilands
Helical has been given planning for a new office scheme close to the new Museum of London in Farringdon.
The developer has teamed up with Places for London, Transport for London’s developments business, for the 55,000sq ft scheme.
Designed by Lifschutz Davidson Sandilands, the proposal will see the 19th century façade retained and a roof terrace added.
In a trading update this morning, Helical said: “The joint venture has agreed heads of terms to acquire the site which will take place upon signing the s106 Agreement, when the consent will be implementable.”
The firm said it was “well positioned to take advantage of the strong rental growth being driven by a market with very tight supply” with Mace due to complete its scheme at 100 New Bridge Street due to achieve practical completion later this month, while McLaren is due to finish its schemes at Brettenham House and 10 King William Street, another scheme being done with Places for London, later this year.
Helical is also working with Place for London on Mace’s Paddington office scheme while Mace is also set to build student accommodation above Southwark station with enabling works slated to start soon.
Helical is due to announce its 2025 results on 21 May.
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