Broadgate development by British Land and Blackstone include four City trading floors for UBS

British Land and Blackstone have submitted a planning application for a major new Broadgate office development designed by Make Architects.

Financial services giant UBS will move into 5 Broadgate, which will include four trading floors and a new square.

The 65,000m2 building in London replaces 3, 4 and 6 Broadgate and will include low carbon features such as photovoltaics, solar panels and rainwater harvesting.

Chris Grigg, chief executive of The British Land Company, said: “It is a sign of huge confidence in London’s status as a world financial centre that UBS has committed to building a new world class office building in the heart of the City. “

Ken Shuttleworth, of Make, said: “Our bold design was conceived from the idea of a perfectly cast ’engine of finance’, and responds to the strength and spirit of Broadgate. We believe it sets a new standard for the future generation of truly adaptable buildings.”