Developer Landsec has secured planning permission for the redevelopment of Red Lion Court in Bankside.

The new development will offer 230,000 square feet of Grade A offices, retail space, and open public areas on the banks of the River Thames, next to Borough Yards.

The Bjarke Ingels Group BIG designed scheme will feature floorplates ranging from 18,000 to 26,600 square feet, providing access to outdoor spaces on every floor, a communal roof terrace, and unobstructed views over the river to the City.

The development has been designed in accordance with Landsec's sustainability strategy and will be net zero in both construction and operation. By using recycled and low-carbon materials, as well as repurposing part of the existing building, Landsec will meet or exceed GLA and Southwark policy requirements regarding sustainability, energy efficiency, and biodiversity.

The project includes the creation of a new pocket park and public garden, green roofs, and extensive planting, resulting in a significant biodiversity net gain on site. The completed building will be fully electric and feature a Sustainable Urban Drainage System to repurpose rainwater for future use. It aims to achieve WELL Core Platinum and BREEAM 'Outstanding' ratings.

Plans for the building were developed in collaboration with the local community and key stakeholders following a two-year public consultation. Over 45% of the site will be publicly accessible, including an expanded Thames Path, a pocket park, and a community garden, as well as affordable office space, flexible retail, a bike repair centre, and a wellness centre.

Landsec has a long history in Southwark, starting with the redevelopment of Bankside 123 over a decade ago, and is now investing further in the borough.

The company's pipeline in Southwark includes a cluster of green offices, including The Forge, the UK's first net-zero commercial building designed in line with the UKGBC's framework, Timber Square, Red Lion Court, and Liberty of Southwark.

Oliver Knight, Head of Workplace at Landsec said: “As new working patterns solidify, people are choosing to travel to their place of work more regularly if it offers them an easy and well-connected commute, opportunities to collaborate with clients and colleagues plus somewhere to socialise and experience something new outside of work. Red Lion Court delivers a landmark office with restaurants, bars and cultural institutions like the Tate Modern on its doorstep. The space embraces its prominent waterfront position to provide a new workspace focused on wellness, flexibility and environmental responsibility. 

The London market remains resilient, and through our work in Southwark, and more broadly across the rest of London and the UK, we are building a pipeline with optionality baked in - allowing us to bring products that offer the very best locations, amenities and sustainability credentials forward to the market at the most opportune time. With The Forge nearing completion and progress being made on site at Timber Square, this approval at Red Lion Court will unlock the next stage of the one million sq ft green office cluster we’re developing in the borough. ”

Landsec has appointed Savills and Cushman & Wakefield as leasing agents for the Red Lion Court development.

Southwark Council Planning Committee meeting took place on Wednesday 8th March 2023.

Back to Red Lion Court development profile.