Timeline
British Land’s ownership of Broadgate has taken place in stages, beginning with participation in the development of One Finsbury Avenue in 1983. The company will carry on developing Broadgate to ensure that it extends and maintains its status as the premier City of London office estate.
2000
Much of the site for 201 Bishopsgate and The Broadgate Tower is above the railway tracks from Liverpool Street Station. In 2000, Bovis Lend Lease built a steel and concrete raft, supported by concrete piles between the railway tracks, to act as a foundation.
Broadgate is served by Liverpool Street station, one of the City’s major transport interchanges, which provides mainline train services and four underground lines, as well as a bus station and taxi services.
2004
British Land’s development of 10 Exchange Square was completed in September 2004, providing 161,000 sq ft (15,000m2) of office and retail space.
In 2004, Broadgate featured three landscaped squares, Broadgate Circle, Exchange Square, and Finsbury Avenue Square. A fourth public space, The Tower Plaza, was created in 2008.
2005
The designs for 201 Bishopsgate and The Broadgate Tower were submitted for planning permission in February 2007, taking just five months to receive consent from the City of London in July 2005.
In 2005, 30,000 people worked at Broadgate. When 201 Bishopsgate and The Broadgate Tower are fully occupied this will increase to 35,000.
2006
Bovis Lend Lease began construction of 201 Bishopsgate and The Broadgate Tower in May 2006.
In 2006, there were 15 buildings at Broadgate, occupied by some of the world’s largest corporations and leading professional practices. This has increased to 17 buildings now that 201 Bishopsgate and The Broadgate Tower are completed.
2007
British Land’s efforts with the Corporation of London in 2007 helped to ensure that a high capacity Crossrail station was agreed at Liverpool Street, which will serve Broadgate and the surrounding area.
Crossrail, London’s new £16 billion east-west railway link, is scheduled to be operational in 2017 and is expected to deliver significant benefits for London, enabling the extra 600,000 journeys per day that are expected by 2016 and cutting journey times.
2008
201 Bishopsgate was completed on 31st March 2008 and The Broadgate Tower on 20th August 2008. Improvements to public spaces and pedestrian routes at Broadgate began in February 2008 and are due for completion in July 2009. Henderson Global Investors has occupied 30% of 201 Bishopsgate since November 2008.
In 2006, Broadgate provided 4 million sq ft (371,600m²). With completion of 201 Bishopsgate and The Broadgate Tower, the estate now offers 4.8 million sq ft (445,900m²).
2009
Landesbank Baden-Württemberg has occupied nearly 10% of 201 Bishopsgate since January 2009 and Mayer Brown International LLP has occupied 30% since February 2009. Reed Smith LLP has occupied 42% of The Broadgate Tower since May 2009.
British Land is investigating opportunities to refurbish or redevelop
4 Broadgate, as part of the company's Broadgate 2020 master plan.
2020
British Land’s Broadgate 2020 master planning exercise is progressing. The estate is presently relatively low rise and low density. The company is exploring the possibilities of higher rise development in certain areas and adding extra floors to some existing buildings.
Currently the master planning has identified a total uplift across the estate of up to 1.2 million sq ft (111,500m2).
