Broadgate
From Wikipedia, the free encyclopedia
Broadgate is a large, 32 acre (129,000 m²) office and retail estate in the City of London, owned by British Land and managed by Broadgate Estates. It was originally built by Rosehaugh and was the largest office development in London until the arrival of Canary Wharf in the early 1990s.
The modern and mainly-pedestrianised development is located on the original site of Broad Street station (closed in 1986) and beside and above the railway approaches into Liverpool Street station.
The perimeter of the managed estate is Bishopsgate to the east, Sun Street, Appold Street and the eastern part of Worship Street to the north, the southern part of Wilson Street to the west and Eldon Street and Liverpool Street to the south. Included in the estate are Broadgate Circle and Exchange Square.
Several different companies have participated in the development of the estate, but since 2003 the whole estate has been owned by British Land, which has been involved since 1984. Statistics from British Land state that the estate provides 360,000 square metres (3,900,000 ft²) of office, retail and leisure accommodation spread over 129,000 square metres (32 acres) and over 30,000 people are employed there.
There are plans to substantially expand the estate to the north with the construction of 201 Bishopsgate and a 550ft skyscraper called the Broadgate Tower which will become the 3rd tallest building in the City after Tower 42 and the Gherkin. These huge buildings will stand over the railway tracks out of Liverpool Street station and will add more than 820,000 sq ft of commercial floorspace to the estate. Construction is now well underway, with an estimated completion date of 2008.
Broadgate Estates manage other major office and retail developments in London such as Paternoster Square, home of the London Stock Exchange.
