CITY OF LONDON BUSINESSES BID FOR SUCCESS

CITY OF LONDON BUSINESSES BID FOR SUCCESS

Multi-million pound investment plans secured with two BID ballot successes in Fleet Street Quarter and Eastern City area

 

Local businesses have voted overwhelmingly in favour of creating two new Business Improvement Districts (BIDs) in the City of London securing investment plans totalling more than £30m over the next five years.

 

Driven by the private sector, the Fleet Street Quarter (FSQ) and EC Partnership (EC) BIDs will go live in April for a first five-year term, delivering a range of ambitious projects including major public realm enhancements, agenda-setting green and climate resilience initiatives and high-profile destination marketing campaigns. They will join the two BIDs already established in the City, in Cheapside and Aldgate.  A potential fifth BID in the City, for the Culture Mile, will go to ballot in early 2023.

 

In the Fleet Street Quarter, of those businesses that voted, 88% voted ‘yes’ at the ballot (90% by rateable value). In the EC Partnership area, of those businesses that voted, 78% voted ‘yes’ at the ballot (83% by rateable value).

 

The unanimous ballot results are a strong endorsement of the work of BIDs across the Square Mile and London, where now there are more than 70. The City of London Corporation, as BID proposer across the Square Mile, is committed to supporting the development of BIDs and looks forward to working collaboratively with businesses to deliver on their aims and aspirations for a diverse, inclusive, and sustainable community, providing the platform for businesses to continue to evolve and flourish. The BID teams will now work with the City Corporation and other partners to deliver the ambitious business plans which were published in advance of the ballots being held.

 

For the Fleet Street Quarter, with a first term budget estimated at £12.5m, the BID’s work will focus on:

 

  • The BID acting as a custodian of the Fleet Street Quarter area, promoting the area and its businesses as a desirable place for business, culture and leisure.
  • Engaging with decision makers and lobby on behalf of the whole business community championing inclusivity and diversity.
  • Enhancing the physical environment to positively improve the experience for all. The FSQ BID’s work will focus on addressing Climate Change, promoting traffic reduction and improve the public realm creating a more walkable and accessible location.
  • Supporting an ambitious development pipeline, transforming the historic location, blending the old and the new to create a sustainable business district, in which to live, work, play and visit.

 

Over the next five years, the new EC Partnership BID will invest around £21 million in a range of strategic and operational projects, anchored by the ESG agenda. The EC Partnership BID will be the UK’s largest occupier BID by income. The BID’s programme  will focus on:

 

  • Creating a greener, cleaner and more welcoming City for all, ensuring the area’s built environment adapts to post COVID trends and supports the renaissance of London.
  • Placing social purpose and value at the heart of the offer. There will be an aspiration to ensure that the area is known for its inclusivity, diversity and innovation and projects across a range of areas, such as wellbeing, advocacy, and education will be delivered.
  • The BID being a democratic and collective voice for all the local business community that encourages good growth, championing an area that is diverse and inclusive for SME’s as well as major corporate brands.
  • Showcasing the area’s contribution to the global economy and promoting its wide appeal to future investors, workers and visitors. The EC Partnership area’s position as a global influencer can be bolstered through a targeted programme of activity driven by the BID in the coming 5 years.

With the UK’s departure from the EU and the COVID-19 pandemic, much has changed over the past 18 months. While the Square Mile’s future is looking bright, there is a recognition that all districts must rise to the challenges of adapting to the impact of the new, hybrid ways of working and all which they bring, and put forward exemplar offerings to encourage office workers to return, to support inward investment and to tempt back domestic and international visitors.  With increasing pressure on the public purse there has never been a greater need for a renewed focus on public/private partnership, and BIDs are a tried and tested model for turning collective will into collective action.

 

With a strong development pipeline and continued investment, the City is anticipating growth in the coming years. Opportunities such as the opening of the long-awaited Elizabeth Line must be harnessed. The aspirations set before the COVID-19 pandemic, around creating a broader economic base and a 24/7 culture in the Square Mile still stand.

 

Alistair Subba Row, Chairman of the Fleet Street Quarter Partnership said:

 

“I’m delighted that our wonderful business community has recognised the huge opportunity that a BID for the Fleet Street Quarter represents. The news today means we will be able to deliver significant enhancements, putting the private sector in the driving seat in shaping a new vision for the whole Quarter. We stand ready to deliver our ambitious plans and working with our partners we will now be able to inject new life into this iconic area, curating and creating a more attractive, competitive and resilient destination for London.”

 

Andrew Reynolds, Chairman of the EC Partnership said:

 

This is an important milestone for our businesses across the EC Partnership area, but also for the City and London as a whole. With a strong mandate and significant investment from the local business community, our vision for a more inclusive, greener and vibrant City can come to fruition over the next 5 years. Our plans are ambitious but achievable, and it is only through this sort of partnership approach that London can secure a brighter, more prosperous future.”

 

Catherine McGuinness, Policy Chair at the City of London Corporation said:

 

“As the City’s economic recovery from the pandemic gains pace, we look forward to working collaboratively with all City BIDs as they seek to deliver their vision. We know BIDs can be influential in engaging with communities and in promoting the continued reinvention of an area. We hope the establishment of the BIDs in the Fleet Street Quarter and Eastern City locations will be the catalyst for investment and growth for the local areas and for the Square Mile as a whole.”

 

Ruth Duston OBE OC, MD of Primera Corporation, the regeneration consultancy which helped establish both the FSQ and EC Partnerships and led the BID ballot campaigns, said:

 

“BIDs in the capital are a powerful and strategic force for good. From transformational public realm projects, to supporting small businesses and making areas safer, cleaner and more pleasant places to visit or work, BIDs have a proven track record for driving change and innovation. These positive results mean that the opportunities for the Fleet Street Quarter and EC areas are significant, giving the private sector a real say in the future evolution of these fantastic locations.”

 

There are now more than 70 BIDs operating in central London. Not only providing important operational functions such as cleaning and greening, BIDs are increasingly seen as strategic partners to the public sector, providing vital ‘added value’ in districts across the capital and working hand in hand with the public sector bodies such as TfL, local councils and the GLA. Importantly, they give a voice to business communities and are able to lobby on big issues impacting on businesses.


Businesses in the historic home of journalism write the Fleet Street Quarter’s next chapter

BUSINESSES IN THE HISTORIC HOME OF JOURNALISM WRITE THE FLEET STREET QUARTER'S NEXT CHAPTER

New vision launched to create a greener, more welcoming area as London gears up for recovery

A partnership representing businesses across Fleet Street and its environs has launched an ambitious blueprint for enhancing public spaces and making the area more welcoming, accessible, and greener.

Once the bustling hub of the UK’s print journalism industry, teeming with hundreds of reporters, thriving pubs and a wider ‘eco system’ of businesses, the departure of the newspapers over 20 years ago had a dramatic impact on the area now known as the Fleet Street Quarter, leading to the closure of many shops, cafes and bars and a period of decline for the area. Although still one of London’s most recognisable locations, today the Fleet Street Quarter lacks vibrancy and relevance to visitors and workers alike.

Fast forward to now, and much is changing. With new businesses investing and relocating and an office development pipeline on a scale rivalling Kings Cross, the local business community has been motivated to work together to act as custodians and champions of the evolving Fleet Street Quarter. The new Area Based Strategy published today is a cornerstone of the Partnership’s plans, which places the increasingly important ESG ‘environmental, social and governance’ agenda at the centre of its ambitions. Recommendations include pavement widening, new green space creation, additional cycle routes, cultural activities and events to drive footfall and dwell time, tree planting, improved lighting and better signage.

The Partnership was established in 2019 and locally based businesses including Deloitte, Farebrother, Charles Russell Speechlys and property owners such as Landsec are part of the collective. The Partnership will shortly be balloting eligible local businesses on the establishment of a Business Improvement District (BID), which will secure the delivery of its plans. The ambition is to bolster the Fleet Street Quarter’s economic and environmental resilience, creating a desirable and robust global destination. A future Fleet Street Quarter BID will bolster the valuable historic character and identity of the area, while also creating a new narrative for the well-known location fit for the 21st century.

The Area Based Strategy was developed by Publica working closely with the Fleet Street Quarter Partnership and representatives from the City of London Corporation. It sets out a clear plan for prioritising investment in public realm projects and curating activities to enhance the area’s character, and crucially, what role the private sector can play in delivery. Long term, transformational projects are recommended, alongside medium and short-term enhancements, with the emphasis on the projects being implementable and able to deliver tangible improvements to the street scape and visitor experience across the area.

Despite the COVID-19 pandemic, the Fleet Street Quarter is set to see significant growth due to the ongoing development pipeline. Across the area there is between 2.5 – 3 million sq ft of office space in the pipeline, comparable to major regeneration locations such as King’s Cross and Victoria. While some working practices are likely to stay permanently changed as we learn to live with COVID, there is growing confidence among businesses about the future and all indications suggest a recovery boom in the coming months. Whilst this presents substantial opportunity for the area, it also poses significant challenges including issues such as traffic congestion, increased air pollution and the potential over-crowding of public realm.

Ensuring London can attract the world’s best talent, and in time, domestic and international leisure visitors and business travellers must be a top priority. The quality of the capital’s public spaces and enhancing the visitor experience as people move through the City will become more important than ever. With the opening of the Elizabeth Line this year to add to the Thameslink line, the Fleet Street Quarter will draw in an exciting new generation of daily occupiers and visitors from the north, south, east and west of the country.

Launching the publication, Chair of the Fleet Street Partnership, Alistair Subba Row said:

We believe that public spaces play a vital role in strengthening our societies and should be designed to function with people and their wellbeing at their very heart – as we face the all-important recovery this is more crucial than ever. We are committed to translating a commitment to the ESG agenda into tangible action. From re-energising iconic locations like Fleet Street and Chancery Lane and adding more green space, to providing workers and visitors with compelling reasons to visit and even more reasons to stay, I am confident that the Fleet Street Quarter’s next chapter is set to be its most exciting.   

“We know our vision is ambitious, but it’s achievable. With its unique role and mandate, the Fleet Street Quarter Partnership, which is on course to become one of the UK’s leading BIDs, can pull the right people together from across the public and private sectors to get these bold projects moving. I am eager to secure a successful BID ballot outcome in February, which will be the green light for our ambitious business plan, including our area-wide vision.”

Public realm improvements will create an inviting, varied, and attractive network of neighbourhood streets and open spaces that will soften the character of the area and provide spaces to dwell and attractive pedestrian routes. Activation through creative and cultural activities will bring life back into the area and attract visitors from beyond the area. Four key strategies have been identified in the Area Based Strategy:

 

  1. Celebrate Fleet Street Quarter’s diverse character areas
  2. Connect to surrounding areas
  3. Encourage activation
  4. Deliver public realm strategies

 

Carter Lane – good illustration of the potential for an enhanced night-time economy and ambitions for a 24/7 destination

Gough Square / Fleet Street lanes – re-imagining the iconic squares that the area is well known for

Fleet Street / Ludgate Hill – major transformation of the well-known street

The Area Based Strategy has been developed through dialogue with the City of London Corporation and led by the local business community through the Fleet Street Quarter’s Public Realm Steering Group. It supports the City Corporation’s vision for the Square Mile and delivery of projects will be a collaborative effort between the City Corporation, other statutory partners and the private sector. The vision is subject to further consultation, permissions and funding but aims to provide a framework for future projects, some of which could be led by the private sector.

Martha Grekos, Chair of the Fleet Street Quarter Partnership’s Public Realm Steering Group, said:

“I am proud of what has been achieved by the Public Realm Steering group, working with Publica and the City Corporation. It’s been a great team effort and I want to thank my colleagues and peers who have worked together to produce this ambitious blueprint for the Fleet Street Quarter. As stewards of change we want to harness growth and opportunities to breathe new life into the area. Our aim is to create a vibrant, resilient, inclusive, green and sustainable district through modern placemaking, and this publication is an important marker on this journey.”

 

The proposed Fleet Street Quarter BID, which goes to ballot on 18th January, will have the mandate and the resources to drive this agenda on behalf of the private sector. With an income of more than £12 million over a five-year period, invested by the local business community, a future Fleet Street Quarter BID will be in a strong position to drive an ambitious programme of enhancement, curation and evolution benefitting the whole area and its communities of workers, residents, and visitors.


New offices at Holborn Viaduct consented

An office-led development on Holborn Viaduct has been given the green light by the City of London Corporation. The scheme sits across two levels on Holborn Viaduct and Farringdon Street. The scheme will stand 10 floors tall on Holborn Viaduct and 12 floors on Farringdon Street.

 

Developed by Royal London Asset Management, it is targeting Breeam Outstanding and will provide almost 36,000sq m of office floorspace. It also includes the grade II south-eastern Gatehouse – one of four standing either side of the Holborn Viaduct bridge. A new lift is also planned to carry people from Farringdon Street up to the bridge. At present, the only way to get up to the top from the street is via the steps in the gatehouses. The development includes 499 long-stay and 34 short-stay cycle parking spaces. There will also be cargo-bike parking facilities and a “wellness hub” with lockers and showers for office occupiers.

 

Martha Grekos, Chair of the Public Realm and Environment Group, said: “The current buildings – Kimberley House, Meridian House and 32 Farringdon Street – offer an unremarkable and uninspiring aesthetic to the area, with outdated façades, narrow and constrained floorplates and a lack of permeability. Although Fleet Street acts as the geographical spine for our Partnership, the Fleet Street Quarter embraces a much wider area, with Holborn Viaduct acting as our northern boundary and thus a key gateway moment to the wider Quarter. The redevelopment of the three buildings proposes some instrumental improvements to the public realm, through the animation of the streets by introducing active frontages on both Holborn Viaduct and Farringdon Street and increased permeability. The new public spaces, joined by a lift, creating a new step free link between Holborn Viaduct and Farringdon Street, is particularly welcomed, creating an inclusive space.

 

The current Fleet Street Quarter lacks open and green spaces that promotes dwell opportunities. The new streetscape of the proposed redevelopment provides greening with planters and trees that enhances the quality and usability of public realm, creating a better micro-climate and reducing the urban heat island effect. Green infrastructure can improve air quality by providing barriers to sources of pollution such as busy roads and in turn counteracts the urban heat island effect. Rising evidence also suggests that investment into green infrastructure can in turn provide tangible benefits to local occupiers. In the short-term, co-benefits of greening will create pleasant spaces that encourages people to stay longer and engage more with their surroundings. This not only is a positive thing for the local area but adds to the vibrancy and character of the Quarter boosting peoples’ wellbeing. The planters integrate bench seating, providing places for the public to stay and enjoy.

 

We recognise that existing commercial buildings, built by previous generations, often cannot meet the environmental or operational standards required by modern users, and believe when redevelopment is necessary, developers should seek to deliver the highest quality proposal, deploying the principles of the Circular Economy to ensure maximum benefit to the City. At a time of great focus on sustainable development, it is right that the developer seeks to achieve BREEAM Outstanding and has designed a building that is capable of adaption to respond to major changes of uses over its lifetime. These are impressive targets, befitting a city which places extreme importance on climate action. The proposals for the wider public realm, including planting in Farringdon Street and the provision of publicly accessible cycle parking, will ensure those visiting the wider area benefit from the improvements delivered by this scheme.

 

A thorough and attentive cultural audit has been undertaken for the development, offering a cultural strategy that will broaden the use of the building. The cultural strategy for the development invites a varied demographic to make use and visit the space, contrasting to the heavily corporate environs in the surrounding area. The developers are committed to a series of external public art that will run during the development stages and beyond. Proposed external public digital art screens provide the opportunity to showcase art pieces in a 24/7 capacity, making visual connections and conceptual connections across the site. It is also noted that the developers will be looking to work with the Museum of London, that can create an organic link between the Fleet Street Quarter area and the Culture Mile. The cultural strategy not only considers local perspective but also seeks the ambition of the global stage through acknowledgment of the Mayor’s London Plan (2021).

Whilst the scheme will primarily look to appeal to it building occupiers, there is consideration for the building responding to a wider audience that can be interacted with and used beyond ‘working’ hours. Fleet Street Quarter is supportive of the development of Holborn Viaduct. We believe the introduction of a new, highly sustainable, flexible office building will both drive the economic vitality of the City as well as deliver tangible benefits for the local area through the provision of public realm and accessibility improvements, new public art and a cultural strategy, and extensive greening and planting – aligning with the ambitions of the Partnership and its members.”


120 Fleet Street office development gets planning approval

The City Corporation’s planning and transportation committee supported the plans by CO-RE for a new 21-storey office development at the former Daily Express building on Fleet Street which will transform this building into a place for social and educational outreach, opening it up as a free landscaped public roof garden. The scheme will provide enhanced pedestrian accessibility, pavement widening and more space for tree planting. It will also deliver improved ground floor retail floorspace in the Fleet Street Principal Shopping Centre.

 

Martha Grekos, Chair of Public Realm and Environment Group of FSQ, said: “120 Fleet Street demonstrates a commitment to substantial improvements to the public spaces around and within River Court and the Daily Express building, with a new publicly accessible open arcade being created that connects Fleet Street and Shoe Lane. Together with the open arcade, the new active frontages of the building will enhance the pedestrian experience and permeability of the site. Fleet Street by planning definition is considered a ‘Principal Shopping Centre (PSC)’, however, results from out recent perception analysis survey indicated that the offering in the area is somewhat limited and lack variation (this has only been heightened by the pandemic ;leaving behind a casualty of empty units). The increased permeability through the site provides additional frontage for retail area that, in turn, activates the ground-floor and enhances the pedestrian experience, a catalyst for the revitalisation of Fleet Street and the wider neighbourhood. The proposed scheme stimulates opportunity to create a more mixed-use area, accepting that the public realm and buildings must adapt to post-Covid-19 economic and social trends.

 

While the FSQ area is rich with intimate and historic networks of streets, lanes, and enclaves, there is a remarkable deficiency of greenery and green spaces with few places to sit and dwell, and no key ‘anchor’ public space. We very much welcome the schemes proposal for introducing greenery on the publicly accessible roof terrace of the Daily Express Building and on the stepped terraces of the new River Court building. The developers have considered that the increased urban greening across the two buildings will improve not only the local biodiversity, but it will also enhance the outlook for nearby residents and commercial neighbours. The developers also highlight environmental best practice through a commitment of c.44% carbon reduction for the developments, aiding in global, national, and local sustainability targets.

 

The Fleet Street Quarter is supportive of the development of 120 Fleet Street. The proposed development celebrates and preserves the rich history of the former Daily Express building, while simultaneously creating a dynamic, exciting, and forward-looking scheme. As stewards for the area, we are confident that the scheme will produce a reimagined (and much needed) enhanced public realm, exciting retail, hospitality, and cultural offering and most importantly, a commitment to environmental best practice – very much aligning with the ambitions of the Partnership and its members.”


Business consultation outcomes

A huge thank you to everyone who completed our business consultation survey over the last couple of months. By hearing your views, we’ll be able to shape our business plan and ensure that we meet the needs of our business community in advance of the formal ballot to become a business improvement district.

Businesses within the proposed footprint were invited to complete the survey. The responses demonstrate the thoughts of the business community and provide a transparent document that reflects the needs and aspirations of the business community.

The FSQ Partnership perception analysis is part of the formal legislative process that is followed in the
development of a business improvement district.

The consultation was carried out over a 6-week period from May to June. Due to the impact of the recent
pandemic, the survey was completed via an online survey, with the FSQ team engaging with businesses
eligible to vote via email and phone. Businesses that would be subject to pay the potential BID levy were
invited to take part in the survey, however, businesses outside the levy threshold were also considered and
encouraged to take part in the survey.

The survey consisted of a selection of questions across the key themes that the BID would hope to focus
on, along with general questions regarding the current partnership and BID ballot. The consultation allows
the current FSQ Partnership to gain an insight into the wants, needs and aspirations of the local business
community. The questions were designed to look at the opportunities available for improvements and
benefits to the area should the business improvement district become a formalised vehicle in 2022.

You can read the full outcomes and analysis here.


Plans by Fletcher Priest for a 13-storey office building have been given the green light by City of London’s Planning and Transport Committee

The Fleet Street Quarter was delighted to hear that plans by Fletcher Priest for a 13-storey office building have been given the green light by City of London’s Planning and Transport Committee

Martha Grekos, Chair of Public Realm and Environment said “On behalf of the FSQ, we are delighted that the scheme we supported has been granted a resolution for planning consent by the City of London Corporation’s Planning & Transportation Committee. The Partnership is supportive of the scheme’s improvements to the local public realm, which aid in the ambitions being formed within the Partnership’s own Area Based Strategy. The development will present an opportunity for enhanced pedestrian through routes, creating better permeability and accessibility. Our Partnership advocates the importance of strong external environments and public realm and its influence in the way we experience and feel about an area; a high-quality public realm can have a direct impact in increasing dwell time, local spend and investment. With 100 Fetter Lane sitting in the northern boundary of the Partnership, the developers have also made acknowledgment in looking for prospects of linking and engaging with local neighbourhoods, such as the Culture Mile.

A key highlight from the proposed scheme was around the development’s robust biodiversity, green infrastructure, and sustainability strategy. The developers have furthered their sustainability commitments by also implementing an ecological strategy, boosting biodiversity. Whilst the FSQ has its own commitments and ambitions, 100 Fetter Lane would fulfil ambitions linked to the City of London’s Biodiversity Plan and Climate Action Strategy. Whilst greening can offer visual enhancements to the area, the well thought out greening strategy also offers a functional purpose in future-proofing our district through climate resilience. In the short-term, co-benefits of greening will create pleasant spaces that encourages people to stay longer and engage more with their surroundings. This not only is a positive thing for local economies but adds to the vibrancy and character of an area, that can also positively impact peoples’ wellbeing.

The various improvements to the public realm, additional greening and economic prospects that the scheme presents are welcomed and celebrated by the Partnership, particularly as we look towards a recovery from the recent pandemic. We hope the City Corporation will approve this application and continue to support the ongoing regeneration and enhancement of the wider Fleet Street Quarter area.


Plans for former Daily Mail building Northcliffe House given the green light

The go-ahead has been given for the refurbishment of Northcliffe House, the former Fleet Street home to the offices and printing presses of the Daily Mail newspaper until the late 1980s – sitting within the Whitefriars Conservation Area as a Grade II listed building.

The intention is to create a flexible workplace which responds to the requirements of tenants once the impact of the Covid-19 pandemic has been contained. The design seeks to unify the various components of the office building at high level and create a more considered and coherent massing than currently exists. The proposed office additions at levels 5 and 6 are progressively set back, creating three south-facing ‘green’ landscaped roof terraces. These wide terraces link with an existing terrace above Bouverie Street and Whitefriars Street, wrapping around the southern façade of the building while acknowledging their relationship with the historic turret. The approach allows these terrace areas – characterised by extensive planting and roofs – to be used as outdoor workspaces and for meetings as well as ‘outdoor rooms’ where occupiers can socialise. The listed Art Deco elevations and the existing brick and stone Victorian façade on Tudor Street will be cleaned and repaired as part of the proposal but will otherwise remain unaltered in design and appearance.

Martha Grekos, Chair of the Public Realm and Environment Group, said: “The building sits in the heart of the Fleet Street Business Development District and the contemporary iteration of Northcliffe House will act as a catalyst, attracting other businesses into the area by establishing a new ‘sense of place’.”


FSQ responds to the draft City Plan 2036

News

The new Local Plan, called City Plan 2036, is a plan for the future development of the City of London, setting out what type of development the City Corporation expects to take place and where. It sets out the City Corporation’s vision, strategy and objectives for planning up to 2036, together with policies that will guide future decisions on planning applications. Once adopted, the new Plan will replace the current City of London Local Plan adopted in January 2015.

The City Corporation published the Proposed Submission Draft of the City Plan 2036 for consultation (the Regulation 19 consultation) between 19 March 2021 and 10 May 2021.

On behalf of Fleet Street Quarter partnership (‘FSQ’), Martha Grekos, Chair of the Public Realm & Environment Steering Group for FSQ, submitted a response to the City of London Corporation. A copy is available here: https://www.cityoflondon.gov.uk/services/planning/planning-policy/local-plan-review-draft-city-plan-2036

As stewards of change, the FSQ wants to breath life into the history of Fleet Street by ensuring that the FSQ area becomes a multi-use area, one that cherishes and embraces its heritage but through modern place-making provides the quality and scope to be a designation magnet all through the week for visitors, residents, workers, businesses and commerce who want to live, work, and visit. This goes to the core of making the FSQ area sustainable, resilient and inclusive in the City’s recovery plan post Covid-19.

Only through creating the Fleet Street area as a stimulating and exciting part of the Square Mile can this be achieved and this is why the place-making consideration of the FSQ area through the draft City Plan 2036 is vital.

As Martha Grekos said: “Today, the FSQ Partnership have set out a vision to the Corporation of the offerings and changes that can be accommodated within the FSQ area. We welcome the Corporation’s views within the draft City Plan 2036 but it can support the regeneration of the FSQ area further than currently envisaged and in a more exciting and stimulating way if the Corporation stands back and thinks outside of the box. This is particularly important as we look forward to emerging from the Covid-19 pandemic. This is the once in a lifetime opportunity that the Corporation has to press the reset button and to move the City positively ahead to make sure that the City remains attractive to world-class talent, enhances opportunity for all and contributes to London’s and the UK’s continued success. Progress requires change. We want to celebrate the future of the FSQ area and we hope the Corporation will embrace these proposals in the draft City Plan 2036 so as to support the ongoing regeneration and enhancement of the wider FSQ area”.


Major plans for a new 18-room courthouse and police headquarters given the go-ahead

News

Martha Grekos, Chair of the FSQ Public Realm & Environment Steering Group, is
delighted to announce the exciting news for Fleet Street Quarter with the recent planning
approval for the new development between Fleet Street and Salisbury Square, which
includes an innovative 18-courtroom facility and new headquarters for the City of London
Police.

Martha said “On behalf of the FSQ, we are delighted that the scheme we supported has
been granted a resolution for planning consent by the City of London Corporation’s
Planning & Transportation Committee. This is the beginning of Fleet Street’s regeneration.
The Fleet Street area has a rich history that presents an opportunity for its reinvigoration
through the modern renewal of its past. Not only does this new cutting edge facility reflect
the City of London’s role as a global centre for justice and legal services, but vibrant
developments such as these in the Fleet Street area create new public spaces and
transform the place to make it more exciting for people to visit. The development will help
improve access to some of the City’s historic assets such as Sir Christopher Wren’s St
Brides Church and will also enhance the public space around Salisbury Square and
provide more attractions such as shops, cafes and bars – all within a stone’s throw of the
River Thames.”

Designed by Eric Partners, the scheme will not only deliver an innovative 18-court facility
and new headquarters for the City of London Policy, but the three new buildings and the
adaptation of one listed building will create 11,783 sqm of office space, 256 sqm of retail
space, 1,1786 sum of public realm and a new pub at the grade II listed 2-7 Salisbury
Court.


City Gift Card Launch

City Gift Card Launch

The City Gift Card is a collective project created and funded by the Fleet Street Quarter alongside, Aldgate Connect BID, Cheapside Business Alliance, and the Eastern City Partnership. The new multi-venue gift card for the City of London is available to buy from the 9th December as part of efforts to encourage local shopping and drive local economic recovery in the Square Mile and London’s Eastern fringe. The new City Gift Card can be spent with businesses across the area including retail, leisure, hospitality and services.

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