en.Wedoany.com Reported - Real estate investor Addington and its US joint venture partner Strategic Value Partners have successfully obtained multi-use planning permission from the City of London Corporation. This office project permits dual use of the two lower floors of the Senator Building, totaling 29,000 square feet, under Use Classes E and F1, allowing for either traditional office space or purposes such as conferences and education. Such permissions are relatively rare within the City.

This planning milestone has triggered Addington's large-scale 69,000 square foot refurbishment plan for the Senator Building, covering the atrium, ground floor, first floor, and second floor. Addington has awarded the construction contract to OD Interiors, with a focus on creating office spaces that prioritize sustainability, wellbeing, and high-end amenities. The refurbishment includes reconfiguring the main reception area, renovating the seven-story public roof terrace, creating a new private amenity courtyard garden for ground-floor tenants, and adding new changing rooms and 190 bicycle parking spaces. The building will also feature two new dedicated 13-person elevators and five new elevators in the existing core area.

Located at 85 Queen Victoria Street, the building is a 150,800 square foot Grade A office tower acquired by the joint venture last year. Floors 3 to 6 remain leased to wealth management firm Quilter, covering 84,000 square feet, including a 1,615 square foot private terrace on the seventh floor. The building is within a five-minute walk of four major transport hubs: Mansion House, Cannon Street, Bank, and Blackfriars.

David Dalrymple, Head of Addington, said: "When we acquired this building, we believed that refurbishment would present an excellent opportunity to create a flexible, high-value space. We are delighted that the City of London Corporation shares our vision. We can now offer 69,000 square feet of exceptional workspace in a landmark City location, or a rare opportunity for users seeking a standalone 29,000 square foot space to benefit from multi-use premises." The leasing agents for this office project are Allsop and Knight Frank.

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