Dominvs Group has decided to sell the landmark Viaduct site in Holborn due to the number of unofficial approaches the group has received from interested purchasers over the summer.
The move is in line with the group’s future focus and core strategic diversification, to seek real estate opportunities beyond its London heartland in private residential, student, build-to-rent and joint venture opportunities around the UK.
65 Holborn Viaduct is in the heart of Midtown equidistant from The City of London and the West End and on the border of Farringdon, one of the best performing submarkets in central London.
The 0.53-acre site sits prominently on the north side of Holborn Viaduct and has existing planning consent for a 207,754 sq ft mixed-use scheme, anchored by a 382-key hotel, with 32,464 sq ft (NIA) of workspace and both a ‘Skybar’ and a public rooftop viewing gallery with stunning views across central London. Alternatively, the site has outstanding potential for an headquarter office scheme, comprising over 181,000 sq ft across lower ground, ground and nine upper floors.
The site is adjacent to Smithfield market, part of which is soon to become a major cultural attraction with the development of the new £330 million Museum of London.
The surrounding neighbourhood includes leading occupiers, with Amazon at Sixty London and Goldman Sachs’ new 840,000 sq ft European headquarters at Plumtree Court directly to the south-west and Farringdon Station – where the London Underground, Thameslink and Crossrail will combine services in 2022 – is five minutes’ walk away.
Jay Ahluwalia, Director at Dominvs Group, commented: “This landmark 0.53-acre site at 61-65 Holborn Viaduct is adjacent to the Amazon HQ and the Museum of London and is perfect for a headquarters building or landmark hotel. Sites in the City of London region of this quality are rarely brought to market and Dominvs Group has received interest in the site from various parties prior to it being officially offered for sale.”
Contact Cushman and Wakefield for more information.
29/09/2020 13:01 by Buildington
Planning Permission Granted
The City of London Corporation’s Planning and Transportation Committee has today unanimously approved plans for Citycape House, which will be the greenest building* in the capital to date.
The 11-storey mixed-use development, to be built at 61-65 Holborn Viaduct on the corner of Snow Hill, will become a landmark building with a façade covered in a 3,700 sqm “green wall” which is expected to be the largest in Europe. The developer claims the wall – made up of a mix of plants – will generate seven tonnes of oxygen in a year and extract nine tonnes of C02 annually among other benefits.
The development includes a 382-bed hotel with restaurant and bar, as well as 3,741 sqm of office space. There will also be a landscaped public roof terrace with views of some of London’s most iconic landmarks including St. Paul’s Cathedral.
The hotel will be located at an entrance to Culture Mile which stretches from Farringdon to Moorgate. Culture Mile is led by the City of London Corporation, and together with the Barbican, Guildhall School of Music & Drama, London Symphony Orchestra, Museum of London and a growing network of stakeholders from across the commercial, cultural and civic sectors, they are transforming the area.
Alastair Moss, Chair of the City of London Corporation’s Planning and Transportation Committee, commented: “The City of London Corporation welcomes radical and pioneering ideas as we look to create cleaner and greener spaces for City residents, workers and visitors.
“This development’s green wall of around 400,000 plants offers many environmental benefits such as reducing pollution, absorbing sound and reducing flood risk.
“The City Corporation has a real interest in urban greening, and we hope this building will prove to be a fantastic example of what is possible for future developments.”
The City of London Corporation has a commitment to world-class sustainable development and has included the key aims of greening of the City and more open spaces in the draft City Plan 2036. As part of this, all new developments and refurbishments will be required to include a greening element to the building or public realm to contribute to improving biodiversity, rainwater run-off, air and noise pollution, temperature regulation, and making the City a more visually desirable business location.
Preet Ahluwalia, Director at Dominvs Group, added: “Dominvs Group is delighted to have brought forward proposals to deliver the transformation of Citicape House.
“Our application will see the regeneration of a site which has stood vacant for a decade, delivering a high quality hotel and office led development with a roof garden, encased in an acre of green wall.
“The green wall, which has been produced by Sheppard Robson architects and Phil Allen Design, will play a significant role in absorbing carbon dioxide and Dominvs is delighted be improving air quality and sustainability in the City of London.”
28/01/2020 21:04 by Buildington
Submitted for Planning
Citiscape House hotel has been submitted for planning to the City of London, reports architect Sheppard Robson.
The proposed building will be a 382-key five-star hotel, featuring the vertical landscaping, as well as 40,000ft2 of workspace, a sky-bar on the tenth floor, meeting and events space, spa and ground level restaurant and co-working space.
By integrating 40,000 square feet of living wall within the façade, the building is projected to annually capture over eight tonnes of carbon, produce six tonnes of oxygen, and lower the local temperature by three to five degrees Celsius. The wall will also significantly contribute towards improving local air quality, by trapping approximately 500kg of particulate matter (PM2.5 and PM10) per year.
The project engages with the Urban Greening Policy set out in the GLA’s draft New London Plan, incorporating strategies to encourage more and better urban greening, while adopting measures for an ‘Urban Greening Factor.’ The projected Urban Greening Factor score of 1.37 exceeds requirements by 45 times and has the highest greening score in Greater London.
Dan Burr, Partner at Sheppard Robson, commented: “On a site that is so prominent, there was a real drive to inject some fresh perspectives on how to grapple with some on London’s most urgent environmental issues, including air quality and noise and dust pollution. Rather than having an isolated patch of greenery, we felt that an immersive and integrated approach would have the biggest impact on the local environmental conditions and making a better and more liveable city, as well as articulating a clear architectural statement.”
24/10/2019 10:47 by Buildington