The Fleet Street Quarter BID has announced how a GDV investment of up to £5bn is set to be injected into the area by 2028.
A new report published by the Fleet Street Quarter reveals how a ground-breaking development pipeline of 34 new and refurbished schemes is poised to transform the area. An estimated 3m sq ft of new Grade A commercial space across office, retail and leisure will be delivered in the area. This development will see the area undergo a radical transformation so bold that it will put the area back not just on the London map, but the UK map as what is set to be one of the most sought-after mixed-use destinations.
What makes this pipeline of development so unique is the remarkable coalition of developers, landlords and investors including the City of London Corporation, Landsec, CO-RE and Helical working together in order to future-proof this historic part of London. At the centre of this is the Fleet Street Quarter BID, an organisation that is embracing this collective, collegiate approach to development, and acting as ‘the glue’ between the public and private sector. The report gets under the skin of why there is this extraordinary level of investment and why it is happening in this part of London, now.
