148 Old Street is an office building that was acquired in March 2013, totaling 97,800 sq ft. Originally let to Royal Mail Group Limited (who have now vacated),the building is being redeveloped with completion scheduled for 2018.
Old Street is in an area undergoing significant change, with many tenants and developers moving to, and investing in, what is quickly becoming London’s digital and tech hub.
Planning permission for a comprehensive refurbishment scheme was achieved in March 2015. The proposed scheme totals 160,600 sq ft, including 153,034 sq ft of office accommodation over eleven floors, and 5,325 sq ft of retail and restaurant accommodation at ground level.The building will be reclad with brick and glass to provide contemporary yet affordable elevations. A new, long entrance along Bunhill Row provides an open and welcoming reception with informal, collegiate spaces for communal working and networking.