Lord Foster has produced a striking design for the site of Sainsbury's
Stamford Street headquarters, at the south end of Blackfriars Bridge,
opposite Ludgate House, the home of Express Newspapers. The proposed
office building features a tapering 'neck' supporting several office
floor above a podium.
Computer
generated image of the new development.
Visualisation by Hayes Davidson
Around 3,000 staff work at Stamford Street which was originally built
as a head office and depot in 1890. Sainsbury's is moving later this
year to a new head office on the other side of the river where staff
will have to contend not with live journalists but the ghosts of Robert
Maxwell's employees. Holborn Place is another Foster building, constructed
on the site of the old Daily Mirror building.
Holborn Place
The move to Holborn will allow Sainsbury's to consolidate from the
13 buildings they currently occupy across London and introduce more
open plan working. The changes are part of a rapid business transformation
programme introduced by Group Chief Executive Peter Davis.
The supermarket group submitted plans for the redevelopment of its
SE1 site last week. In addition to the £200m Foster building,
Sainsbury's is seeking permission to develop a £70m office block
on a car park in nearby Meymott Street. The two schemes will provide
a total of 46,500 sq m (500,000 sq ft) of space in the rapidly developing
corridor along the south-side of the Thames.
It is still not clear whether Sainsbury's will remain in Holborn or
return south of the river once the Stamford Street development is completed
in 2004. The company told i-FM it wishes to keep its options open and
says it is not free to comment on the terms on which it will occupy
Holborn Place. Either way, Sainsbury's will raise considerable capital
through the sale of its old headquarters.
Richard Byatt
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