UOL’s London Mixed-use Project Poised To Open
UNITED KINGDOM – Singapore-based property group UOL has finished its One Bishopsgate Plaza mixed-use project in London, reported The Business Times on Wednesday noon (15 September, SGT).
The integrated development comprises a newly built 43-storey tower and a refurbished 144-year-old heritage building. The latter is known as Devonshire Row, which houses 2 levels of office space and retail shops. As for the 43-storey building it houses Pan Pacific London and The Sky Residences.
Pan Pacific London is the first hotel of its brand in the country. It features 5 storeys of amenities, including meeting and events space, as well as a double-height ballroom that can accommodate up to 370 people.
Meanwhile, The Sky Residences contains 160 units of high-end apartments. These residential units measure between 580 sq ft for a 1-bedder to 1,632 sq ft for 3-bedroom units. As these are situated on the 21st to 41th floor, the apartments offer panoramic views of famed London landmarks like St Paul’s Cathedral, The Gherkin, and the River Thames.
At present, around 43 apartments in The Sky Residences have been taken up by locals and foreign buyers at an average price of over £2,000 psf (S$3,707 psf).
One Bishopsgate Plaza was constructed or revamped with the help of project consultants, including PLP Architecture and UOL’s London-based development manager Stanhope.
UOL’s Group Chief Executive Liam Wee Sin said One Bishopsgate Plaza will anchor UOL’s investments in London, which include 2 other commercial properties in the city’s midtown area.
As it’s located next to Liverpool Street station in the city of London, residents and occupants of One Bishopsgate Plaza will have convenient access to Heathrow Airport, London City Airport, West End, Canary Wharf, and the Eurostar high-speed rail.
“One Bishopsgate Plaza is part of our vision to strategically cement our presence in the UK and open new possibilities within the region in the coming years,” added Liam.