JP Morgan Global Alternatives, the alternative investment arm of JP Morgan Asset Management, has submitted a planning application for the modernisation of Bishops Square and Spitalfields Market.
The proposal seeks to retain and extend the current office building, which will be re-branded as ‘One Spitalfields’, creating a new public access route from Bishops Square through to the market.
The scheme will provide 870,000 square feet (80,825 square meters) of office and retail space, with 70,000 square feet of new terracing. The Foster & Partners design, targeted for delivery in 2030, will retain 70% of the original building structure and would be one of the largest retention and extension schemes in Europe.
The all-electric building will target 51% lower annual emissions, BREEAM Outstanding and EPC A.
Source: propertyeu.info on the 12th of August