The new building, commissioned by Oxford Properties, UBS Global Asset Management, and CORE, and its setting form a strategic part of the City of London’s initiative to encourage access to the river and develop a unified river walkway. The site has an important place in history on the Thames and is defined by the boundaries of the working river. The northern edge is the line of the Roman wharf, and the ‘Steelyard’ under Cannon Street station was a German Hanseatic trading post, the largest medieval trading post in Britain.
A strategic viewing corridor to St. Paul’s Cathedral informs the height and massing of the new building. Twin rectangular blocks to the north are attached by a full-height atrium, and the fluid forms of the lower pavilions enclose a south-facing open square with a restaurant to encourage active use. This, together with the pedestrianisation and widening of Angel Lane to the east of the site, more than doubles the existing public space and creates the largest riverside square in the City of London. The new building and its setting form a strategic part of the City Corporation’s initiative to encourage access to the river and develop a unified river walkway.
One Angel Lane has already won a variety of prestigious awards including The Institute of Civil Engineers ‘Project of the Year’ and is shortlisted in several other important programmes. It was fully let to Nomura before completion last year when the bank consolidated its activities to the Square Mile. Another Fletcher Priest scheme, One Lothbury for Wellbeck Land and Westfield Investments, and taken by the Bank of China, was a close runner up in the competition. Judges included Paul Finch (Chairman) and Roger France (Master of the Company).