Daily Newsletter

14 September 2023

Daily Newsletter

14 September 2023

Endurance receives approval for 99 City Road project

The majority of the fundamental structures of the building will remain untouched throughout the process.

Archana Rani September 13 2023

The London Borough of Islington in the UK has granted planning permission to Endurance Land for the 99 City Road transformation project on Old Street Junction.

The project involves modifying and extending an outdated office building from the 1990s.

Designed by Kohn Pedersen Fox Associates (KPF), the 99 City Road development involves enhancing the sustainability credentials of the building and upgrading the way it interacts with its neighbours.

The 35-storey building, which will have 64,873m² of adaptable, high-quality workspace post-competition, will serve as an innovation hub to attract tenants to rejuvenate Tech City.

Endurance said that the majority of the building's existing structure is planned to be retained, including its foundations and basement.

The updated building will also feature a new public square and wider pedestrian pinch points to improve the public realm.

KPF principal Elie Gamburg said: “The design for 99 City Road transforms an unattractive building, and almost triples the public realm at a key London location.

“Our design’s innovative approach to ‘folding’ as a formal concept responds to the site’s diverse contexts at multiple scales, and elegant structural solutions achieve ambitious embodied carbon targets.”

A permeable ground floor of the updated building has been designed for exhibition and community space, as well as a great room for events.

Furthermore, the building will feature distributed plant rooms to allow maximum space for roof gardens and terraces.

South-East Asia Construction Market Dynamics

Per GlobalData analysis, the South-East Asia construction industry in 2023 is dominated by Indonesia, though the country will see a slowdown compared to 2022 due to elevated building material prices, weak commercial property demand, high interest rates and a softening of external demand. The construction industry in the Philippines is estimated to register a AAGR of 7.2% between 2024 and 2027, supported by the government’s focus on the development of the country’s rail and road transport and energy infrastructure.

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