The Weekly Wrap
Aviva’s One Liverpool Street
The City of London gave the go-ahead for Aviva Investor’s
plans for One Liverpool Street, EC2.
The plans for the 10-Storey office block went to the
committee on 5th November. The site at 1-14 Liverpool Street is set
to be redeveloped and will provide 260,000 sq ft of office space and 6,620 sq ft
of retail space across 10 floors.
Aviva Investors has a development agreement with Transport
for London to develop the building located at the Liverpool Street Elizabeth
Line station entrance.
TFL is looking to raise around £500m from a series of
development sites created around Crossrail stations.
Corporation to earn £220m from developments in the Square Mile
The City of London Corporation will earn £220million from
business negotiations behind some of the biggest developments in the Capital.
For the Corporation, this was the total amount owed between April 2016 and the
end of March 2019 from 156 planning applications accepted.
In 2014, CPC and Barratt Homes approved plans to turn Sugar
Quay's office blocks into 165 luxury apartments. The developers will owe over
£15.4m for planning permission.
The developers of 22 Bishopsgate will pay over £19m which is
set to become to become the tallest building in the City over 62-storeys high.
Works started at the beginning of the year on Wilkinsons
Eyre’s 51-storey office block, 8 Bishopsgate, which netted £6.1m for the
Corporation. The money was obtained in each planning permission using the legal
powers under Section 106 agreement.
London to be the first safe drinking area
Over 200 bars and restaurants in the Square Mile have signed
up to UK's first listings service of venues selling alcohol-free or low alcohol
drinks to help people avoid a sore head.
The City of London Corporation helped fund the Club Soda
Guide which shows people the choices if they don't want an alcoholic drink.
There are 235 City venues on board so far and the group behind the project has
given an update to the licencing committee of the City Corporation.
The team is now researching the Square Mile to "look at
how commuters who drive navigate after work drinks".
Their vision is to see the City of London as "the UK's
first mindful drinking place" The number of City venues listed doubled
from the pilot when they had signed up 108 locations to show what's on offer in
the Square Mile.
Mayor’s Show 2019!
The City of London will host its traditional Lord Mayor’s
Show this Saturday!
Posters will be seen around tube stations advertising the
spectacle and people working in the City will see barriers and viewing
platforms go up leading up to the event.
It's an 804-year-old tradition which became a medieval
carnival and now it is a civic parade to celebrate the new Lord Mayor.
Military detachments, marching bands, dance troupes and
ceremonial displays will all be part of the show.
The parade will start on November 9 from 11am but
you will need to get there earlier if you want a good view! It will run from
Mansion House to the Royal Courts and back again.
There will be 143 different groups in the procession with two
military bands leading the parade followed by specially selected universities,
schools and civilian bands.
Who is the new Lord Mayor? – Alderman William Russel is the
692nd Lord Mayor of London.
The Alderman has been working in the City for over 30 years
in national and international banking and is the co-founder of the
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