British Land eyes 2020 start with McAlpine for latest Broadgate rebuild

1-2 Broadgate

Proposals for 1-2 Broadgate went in to City planners earlier this month

British Land is looking to start work tearing down 1-2 Broadgate and replacing it with an office and retail scheme in 2020.

The developer is working with joint venture partner Government of Singapore Investment Corporation on the 840,000sq ft scheme at the 1980s complex.

Plans for the 14-storey replacement have been drawn up by AHMM and went into City of London planners earlier this month.

Sir Robert McAlpine is British Land’s framework contractor on the Broadgate development with industry speculation that the estimated cost of 1-2 Broadgate will be between £250m and £300m.

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