London Stock Exchange HQ refurbishment approved

"deliver a revitalised and fit-for-purpose international headquarters"

"will create outstanding facilities for our people and our customers"

"A principal objective of the brief is to transform the discreet and private market activity, which is currently hidden from view, into a public-facing celebration of the beating heart of the City; one which has been the cornerstone of market activity in the City for 300 years."

King Edward Court on Paternoster Square will undergo refurbishment to create a revitalised international headquarters for the London Stock Exchange Group. Oxford Properties and Hines are the long leaseholders, and Oxford Properties has applied to the City of London Corporation for the works. The LSEG signed a new long-term lease late last year and described the works as creating outstanding facilities for its people and customers. Planned changes include a new ground-floor lobby, three upper-level extensions, landscaping of balconies and roofs, permanent display of the Exchange’s 1801 Foundation Stone, and an opened ground floor for public ceremonies. Consultation raised concerns about impacts on nearby St Paul’s Cathedral.

Read at www.bbc.com