LONDON-British Land and Stanhope have been granted planning consent to redevelop 51 Lime Street, London EC3. They plan to replace the existing 200,000-sf building with 532,735-sf of office space and 6,609 sf of retail.

The building is designed by Foster & Partners, the most prolific City architects’ practice which has just completed London’s City Hall and has major tower buildings currently under construction on the Baltic Exchange site in St Mary Axe and in London Wall.

British Land’s Chairman and Chief Executive John Ritblat said: “We are pleasedto get this resolution which followed close consultation with the CityCorporation. We will now carefully consider the programme for carrying out thedevelopment, in line with market conditions and occupier demand.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.