Plans for the redevelopment of iconic HSBC Tower have been unveiled, which will see the ‘World’s largest transformation’ of an HQ office tower into a sustainable mixed-use building.
The images of the architectural plans, which have been released by Qatar Investment Authority (QIA) and Canary Wharf Group (CWG), show large portions of the 8 Canada Square office replaced with new terraces.
The redevelopment was designed by Kohn Pedersen Fox (KPF), after it won a global design competition run by QIA and CWG.
KPF will work with a team across engineering, planning and delivery on the project which is set to begin in 2027.
The 1.1 million sq ft will include workspaces, leisure, entertainment, education and cultural attractions.
The redevelopment will also focus on sustainability, creating transport links and amenities.
CWG and QIA will work with the London Borough of Tower Hamlets and the appointed team to develop plans and submit a planning application.
Last month, Canary Wharf Group chairman, Sir George Iacobescu, announced his retirement following his 36-year career at the real estate company.
Sir George has been succeeded by Legal & General (L&G) chief executive, Sir Nigel Wilson.
The group also secured a £535 million loan for the next phase of its Wood Wharf residential scheme, last year.
Shobi Khan, CWG CEO, said: “We look forward to delivering a building of outstanding design, engineering and sustainability standards.
This redevelopment is another step in Canary Wharf’s evolution into a vibrant mixed-use neighbourhood offering workspace, retail, homes, leisure and amenities all in one location – a true 15-minute city.”
Elie Gamburg, design principal at Kohn Pedersen Fox, said: “We are extremely excited to reimagine the single-use office building as a blueprint for the highly sustainable, mixed-use building of the future.
“This transformation embodies the ethos behind much of our work, we see it as an integral part of the evolution of today’s single-use neighbourhoods into vibrant mixed-use neighbourhoods of tomorrow – an evolution of which CWG is already leading the way.”
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