UK-based real estate investment company Landsec has gained planning permission for the redevelopment of Red Lion Court in Bankside, Southwark, UK.
This project is a part of the firm’s one-million-square-foot development pipeline to build a green office cluster in Southwark.
Go deeper with GlobalData
Located on the banks of the River Thames, the new Red Lion Court development will deliver 230,000ft² of Grade A offices, retail, and open public area.
The project will comprise floorplans ranging from 18,000ft² to 26,600ft² with access to outdoor spaces on every floor, a large communal roof terrace, and offer sweeping views of the city.
Architecture company Bjarke Ingels Group has designed this green office project, and Savills and Cushman & Wakefield have been appointed to serve as the leasing agents.
Red Lion Court will be net-zero in construction and operation, keeping with Landsec’s sustainability policy.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataLandsec is expected to achieve or exceed GLA and Southwark policy regarding sustainability, biodiversity, and energy efficiency, by reusing a part of the existing building and choosing low-carbon and recycled materials.
The project will lead to a huge biodiversity net gain on-site due to the development of pocket parks, public gardens, green roofs, and ample planting.
Upon completion, the building will be entirely electric, with a Sustainable Urban Drainage System to repurpose rainwater for future use.
It will aim for WELL Core Platinum and BREEAM ‘Outstanding’ certification.
Following a two-year public consultation, plans for the building were created in collaboration with the local community and other relevant stakeholders.
More than 45% of the property will be publicly accessible and feature an extended Thames Path, affordable office space, retail space, a bike repair facility, and a wellness centre.
Landsec head of workplace Oliver Knight said: “As new working patterns solidify, people are choosing to travel to their place of work more regularly if it offers them an easy and well-connected commute, opportunities to collaborate with clients and colleagues plus somewhere to socialise and experience something new outside of work. Red Lion Court delivers a landmark office with restaurants, bars and cultural institutions like the Tate Modern on its doorstep. The space embraces its prominent waterfront position to provide a new workspace focused on wellness, flexibility and environmental responsibility.”
