Rem Koolhaas and Ellen van Loon from OMA are to design the headquarters for Rothschild bank that will redefine the look of luxury in London’s Square Mile.The redevelopment of New Court will enable the Bank to house its entire London staff in a single, modern, efficient building. New Court will be made up of a central core of ten efficient and flexible office floors linked to three annexes, with meeting rooms, an auditorium, vertical circulation and reception areas. A Sky Pavilion sits on top of the central cube, housing client meeting rooms and a multifunctional panorama room with views across the City, including St Paul’s Cathedral. Visitors and staff will be able to appreciate the Church of St Stephen Walbrook from the roof garden at level eleven. In February 2005 Rothschild sponsored a restricted competition amongst a number of Europe’s leading architects to design a new headquarters for the Bank. New Court will be OMA’s first building in the City of London.