Hoi Hup Realty secures go-ahead for High Holborn redevelopment
The scheme will happen at an area beside Chancery Lane underground station and will be just within minutes of Farringdon Station and the Elizabeth Line. Hoi Hup claims the plan is set to be the “western gateway for potential development” and will be one of the most major brand-new office approvals in the Square Mile.
The project focuses on the regeneration of a 1.4-acre island site comprising three properties at 322 High Holborn, Holborn Gate and 44 Southampton Structures.
The revitalised location will also include flexible floorplates, wellness areas and patios. The property development is targeting BREEAM ‘Outstanding’ and EPC ‘A’ rankings, adhering to the release of smart systems and low-carbon components throughout the site.
This major undertaking complies with four years of setting up by Hoi Hup, accomplished with a series of strategic procurements that brought jointly approximately 250,000 sq ft of workplace.
The redevelopment, led by building and property consultancy Gleeds, Make Architects, renting advisors Savills and planning specialists Newmark, is anticipated to deliver over 370,000 sq ft of new Grade An office. Developed for modern occupiers, the building is also set to consist of a brand-new cultural venue, the ‘Holborn Dome’, as well as a public pocket park at Southampton Buildings and enhanced ground-floor facilities and permeability.
Springleaf Residence floor plan
Singapore-based real estate developer Hoi Hup Realty has recently received the clearance from the City of London Firm for ‘High Holborn’, a main office-led redevelopment undertaking, according to a June 18 release.
Wong Swee Chun, director of Hoi Hup Real estate, states: “This milestone is the outcome of substantial consultation and cooperation, and we’re unbelievably happy to the City of London Company for making it possible for our maiden scheme to get this favorable progress today.”
“This is specifically the type of scheme we wish to see even more of in the Square Mile– best-in-class workplace that maintains London globally affordable while additionally supplying public rooms that everyone can savor,” includes Tom Sleigh, chairman of the City of London Planning and Transportation Committee.
