Hoi Hup Realty Secures Go Ahead High Holborn Redevelopment
SINGAPORE (19 June): Hoi Hup Realty, a Singapore-based property developer, has received approval from the City of London Corporation for its latest project, ‘High Holborn’. The ambitious development plan will see the regeneration of an island site stretching across 1.4 acres, encompassing three buildings at 322 High Holborn, Holborn Gate, and 44 Southampton Buildings.
The project, which has been four years in the making, involved a series of strategic acquisitions by Hoi Hup Realty, resulting in an impressive 250,000 sq ft of office space. The development was led by construction and property consultancy firm Gleeds, with architecture by Make Architects and leasing advice from Savills. Planning consultants Newmark also played a crucial role in securing the green light for the project.
Upon completion, the Grade A office development is set to offer over 370,000 sq ft of modern, flexible workspace. It will also feature a new cultural venue known as the ‘Holborn Dome’, as well as a public pocket park at Southampton Buildings, enhanced ground-floor amenities, and increased accessibility.
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With a focus on sustainability, the redevelopment is targeting BREEAM ‘Outstanding’ and EPC ‘A’ ratings. This will be achieved through the use of smart systems and low-carbon materials throughout the site.
The project’s location, adjacent to Chancery Lane underground station and minutes away from Farringdon Station and the Elizabeth Line, makes it a highly desirable location for businesses. Hoi Hup Realty believes that the development will serve as the “western gateway for future development” and will be one of the most significant new office consents in the Square Mile.
Chairman of Hoi Hup Realty, Wong Swee Chun, expressed their gratitude to the City of London Corporation for enabling their maiden scheme to take this positive step forward. He also shared his excitement for the project, saying, “This is exactly the kind of scheme we want to see more of in the Square Mile – best-in-class office space that keeps London globally competitive while also delivering public spaces that everyone can enjoy.”
Tom Sleigh, chairman of the City of London Planning and Transportation Committee, also shared his enthusiasm for the project, stating, “We’re thrilled to give our approval for this development. This is the kind of project that will help to keep the City of London at the forefront of global business and create vibrant spaces for workers and visitors alike to enjoy.”
