Qatar Investment Authority (QIA) and Canary Wharf Group (CWG) have revealed the architectural plan for the redevelopment of the 8 Canada Square building in Canary Wharf, England, UK.
The development features transforming the office tower into a mixed-use building with a focus on environmental, social, and governance credentials.
The property, wholly owned by QIA, with CWG serving as the development partner, will undergo the change following the end of HSBC‘s lease in 2027.
CWG and QIA intend to collaborate with the London Borough of Tower Hamlets to refine their plans and proceed with a planning application.
CWG CEO Shobi Khan said: “We look forward to working with QIA on 8 Canada Square to deliver a building of outstanding design, engineering and sustainability standards.
“This redevelopment is another step in Canary Wharf’s evolution into a vibrant mixed-use neighbourhood offering work space, retail, homes, leisure and amenities all in one location – a true 15-minute city.”
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By GlobalDataKohn Pedersen Fox (KPF), an architect, won the global competition hosted by QIA and CWG to reconceptualise the building.
KPF will be responsible for the design, engineering, planning, and delivery aspects of the redevelopment project.
Encompassing 1.1 million square feet of area, the building will feature a mix of educational facilities and cultural attractions, among other features.
This project is poised to introduce a new publicly accessible route linking the neighbouring Elizabeth line station with Canada Square Park.
KPF design principal Elie Gamburg said: “We are extremely excited to collaborate with QIA and CWG to reimagine the single-use office building as a blueprint for the highly sustainable, mixed-use building of the future.
“This transformation embodies the ethos behind much of our work, we see it as an integral part of the evolution of today’s single-use neighbourhoods into vibrant mixed-use neighbourhoods of tomorrow – an evolution of which CWG is already leading the way.”