Singaporean developer Hoi Hup Realty have submitted a planning application to the City of London for a new best in class office development on High Holborn. The new development occupies a prominent 1.4 acre island site located directly adjacent to Chancery Lane underground station and within a five minute walk of Farringdon Station.
Hoi Hup have assembled the site over the last five years, acquiring 322 High Holborn and 44 Southampton in July 2018, subsequently acquiring Holborn Gate in an off market transaction in July 2022. The three properties are multi let comprising approximately 250,000 sq. ft. (NIA)
Hoi Hup, in collaboration with Make Architects, Savills as development advisor and leasing agent, Gleeds as project managers and Gerald Eve as planning consultants, have submitted a planning application proposing the demolition of the existing properties and construction of a landmark office-led development.
The new development will provide about 370,000 sq. ft. (NIA) of best in class office accommodation with extensive terraces overlooking Central London and new retail offering, providing a vibrant setting and transforming this part of High Holborn. The scheme will replace the existing Grade B accommodation, with the new development targeting exceptional ESG credentials including BREEAM ‘Outstanding’ and EPC ‘A’. The development will offer improved public realm with a new public park at Southampton Building. It will also greatly improve ground level activation with the creation of a new street accessed multi-use auditorium and cultural spaces.