Waterloo community set to shape the South Bank as Mitsubishi Estate and CO—RE present plans to public ..
Mitsubishi Estate and London-focused development managers CO—RE are releasing their latest proposals for the redevelopment of 72 Upper Ground, formerly known as the London Studios. Under the plans, 72 Upper Ground, which ITV sold to Mitsubishi Estate in November 2019 with an existing permission to redevelop the site, will be transformed into a new sustainable commercially led mixed use scheme offering affordable workspace and new arts and culture space.
Architecture practice Make has led on the designs of the building, which will include curated culture, leisure and retail uses, new public footpaths to help improve permeability in the local area.
The office space will have capacity for up to 5,000 people, providing a much-needed financial boost to businesses across the South Bank in the wake of Covid-19. The designs also include a significant uplift in public realm, including new green space on the ground floor and a rooftop restaurant and terrace.
The scheme will be highly sustainable, targeting net-zero carbon with the highest BREEAM and WELL certifications.
Due to Covid restrictions, the plans for 72 Upper Ground will be presented to the public and other stakeholders via Zoom Webinar. The events will be held on Saturday 27 February at 12pm and Monday 1 March at 6:30pm.
The public can register for events here: https://www.givemyview.com/72upperground/news/
Mitsubishi Estate has led on a number of landmark schemes including the redevelopment of Paternoster Square, next to St Paul’s Cathedral.
Yuichiro Shioda at Mitsubishi Estate, said: “It is absolutely vital to us that we share and discuss our plans with the people that make up the South Bank community. Understanding their views will be crucial to making sure that this new building can be a place that the community can enjoy, and that local businesses can reap the rewards from increased footfall during this difficult time.”
Stephen Black at CO-RE, said: “72 Upper Ground has the potential to give a real boost to the South Bank, bringing new jobs, investment, and cultural spaces to one of London’s most famous landmarks. We look forward to presenting our vision of this amazing location to the local community, including new open spaces, public routes, retail uses and arts and cultural offerings. We are confident that this is a scheme that encompasses the very best of the South Bank and complements the existing area.”