Land Securities has been granted planning permission from the City of London's Planning and Transportation Committee to develop 30 Old Bailey EC4, a mixed used development designed by Make Architects.

The development will replace a series of properties dating from the 1960's with a contemporary nine-storey building which curves inwards around a dramatic public plaza which will provide a new pedestrian route joining Limeburner Lane with Old Bailey, and reintegrating the site with the surrounding streets.

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The new development will comprise approximately 423,000 sq ft of office accommodation and 41,000 sq ft of retail which will provide further amenities for the local area.

Mike Hussey, Managing Director of Land Securities' London Portfolio said: "The new scheme at Old Bailey is an exciting design, with flexible floorplates which will appeal to the next wave of occupiers seeking high quality and efficient accommodation.

"As with the City of London, we expect interested parties to recognise the attention to detail and the potential for this building to be a strong contributor to the growing attraction of the City as a place to work."

(CD/JM)