81 Newgate Street

Key Details

Overview

81 Newgate Street is a mixed-use development in the City of London EC2.

The scheme will provide more than 67,500m2 of flexible office space, retail and leisure spaces, publicly and privately accessible roof terraces and a rooftop restaurant.

There will be a public walkway through the building improving pedestrian mobility at the St Paul’s Cathedral area.

The existing 10-storey BT Centre is the former British Telecom's headquarters building with ca 47,905m2 of office floorspace.

Planning History

2020 June - Plans approved by the City of London for the part refurbishment and part demolition, excavation and redevelopment involving the erection of an additional four storeys to provide a ground plus 13-storey building with a publicly accessible route through the site, incorporating gym and swimming pool (Use Class D2) at basement levels, gym and flexible floor area uses (Use Classes A1-A5, B1, D2) at basement level, retail (A1-A5) at ground floor level with access to offices and rooftop restaurant and public viewing gallery, office accommodation (Use Class B1a) from levels 1-13, roof top restaurant (Use Class A3) and publicly and privately accessible roof terraces, landscaping and other associated works. Architect: Kohn Pedersen Fox. A development by Orion Capital Managers and Pella Real Estate Partners. Ref. no. 20/00311/FULMAJ.

2019 August - Orion acquired 81 Newgate Street from BT for £209.6 million in August 2019.