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LONDON-Helical Bar has lodged a detailed planning application for a 20-story office tower on the site of the Ansbacher bank headquarters at Mitre Square in the city. Jointly with Ansbacher Property Developments it has commissioned architect Sheppard Robson to design a major new 350,000-sf office development for the island site bounded by Mitre Street, Dukes Place and Creechurch Lane.

In addition to offices, the scheme promises ground floor retail and restaurant and much improved public open spaces in Creechurch Place and Mitre Square. The site lies within one of the designated viewpoints from Tower Bridge over the White Tower an the Tower of London, but at 20 stories it is below the height restriction.

The Ansbacher Group will be moving to a new headquarters at London Bridge next spring, which will free much of the site up for redevelopment. Helical Bar director Gerald Kaye says: “Mitre Square will provide a building of the very highest quality and flexibility with floorplates of up to 25,000 sf. The whole area will be much improved by the new public open space.”

Ansbacher and Helical Bar are being advised by Allsop & Co and Ingleby Trice Kennard.

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