Landsec has submitted plans for a zero carbon office development in London’s Southwark.
The REIT is seeking permission to transform 25 Lavington Street, SE1, into a net zero carbon mixed-use scheme, with some of the 1950s printworks retained and two new buildings of 10 and 15 storeys built.
The predominantly office-led development, designed by Bennetts Associates, will use an innovative hybrid steel frame with CLT floor slabs, reducing the amount of embodied CO₂ in the building to about half that of a typical London office building.
The redevelopment will create around 540,000 sq ft of office space and 17,000 sq ft of retail and leisure space.
Landsec acquired the 1.6-acre freehold site in December 2018 for £87.1m from Gaterule, the property investment business run by the Oestricher family.
Consisting of two office buildings, one a former printworks, 25 Lavington Street provides 128,000 sq ft of space, and already had planning approval for an Allies & Morrison-designed scheme that had a gross development value of £340m.
The earlier plans would have created 173 apartments spread across two buildings of 13 and 21 storeys, as well as a 10-storey office building, to provide 122,205 sq ft of space, plus ancillary retail.
JLL is advising on planning.
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