British Land has unveiled plans to redevelop Euston Tower, turning it into a life-science hub.
The vacant office tower will have lab-enabled spaces for start-up and scale-up businesses as well as paces for the local community to support education and training opportunities.
The UK real estate investment trust is in talks with with Camden Council and other local stakeholders. Danish architecture practice 3XN is leading the design, having recently worked with British Land on Broadgate’s 2FA project. The firm is supported by London-based architecture and landscape studio DSDHA, which re-designed much of Broadgate’s public realm, including Exchange Square.
The team have drawn up designs which would retain elements of the original tower, including the foundations, basement and core, while transforming the building and surrounding area into a welcoming, accessible and creative new space, British Land said.
The design’s sustainability strategy is based on retaining, reusing and recycling existing material, specifying low carbon and recycled materials where new is required and only using certified carbon offsets as an action of last resort. British Land is also actively exploring options for local certified carbon offsets, whereby they would seek to offset embodied carbon associated with materials in the existing building that cannot be reused or recycled by funding equivalent local carbon avoidance measures.
“This is a unique opportunity to transform a London landmark desperately in need of revival, ensuring it is fit for the future by adopting cutting edge sustainability practices and attracting leading life sciences and innovation occupiers where it currently lies vacant,” said David Lockyer, head of development, British Land.
The consultation launched on Saturday 8 July at Regent’s Place Plaza and the reception of 10 Brock Street, NW1. Subject to consultation with the community and discussions with members and officers at Camden Council, British Land hopes to submit a planning application for Euston Tower towards the end of this year.