40 Leadenhall Street | |
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![]() 40 Leadenhall Street in September 2023 | |
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General information | |
Status | Completed |
Address | 40 Leadenhall Street |
Town or city | London, EC3 |
Country | United Kingdom |
Construction started | 2020 |
Completed | 2024 |
Cost | £875 million (estimate) [1] |
Client | Henderson Global Investors |
Height | 155 m (509 ft) (170 m (560 ft) AOD) [2] |
Technical details | |
Floor count | 35 |
Floor area | Offices: 890,000 sq ft (82,700 m2) Retail: 20,000 sq ft (1,900 m2) [3] |
Design and construction | |
Architecture firm | Make Architects |
Website | |
40leadenhall |
40 Leadenhall Street, also known as Stanza London is an office-led development in London, England. It is located within the City of London financial district and is one of a number of new building developments for the area.
The development site, known as the Leadenhall Triangle, was purchased by Henderson Global Investors in June 2011 for around £190 million. [4]
It is situated in the Aldgate ward in the eastern portion of the City of London, and is a short distance from the Leadenhall Building and the Lloyd's building.
In October 2013, Vanquish Properties (UK) Limited Partnership applied for planning permission to construct a building comprising 10, 14 and 34 storeys to a maximum height of 170 m (560 ft) (AOD) on a site bounded by 19–21 and 22 Billiter Street, 49 Leadenhall Street, 108 and 109–114 Fenchurch Street, and 6–8 and 9–13 Fenchurch Buildings. [5] The listed building at 19–21 Billiter Street was retained whilst all other existing properties on the site were demolished. [6]
Planning permission was granted by the City of London Corporation on 29 May 2014, following a resolution to grant permission by the Planning and Transportation Committee on 25 February 2014, subject to certain planning obligations being met. [7] [8]
Following Brexit, the developer announced that construction would only go ahead when a sufficient amount of office space had been pre-let. [9]
In October 2019, it was announced that M&G and Prudential had bought the site and would fund its construction for £875 m, with a final development value of £1.4 bn. The build started in 2020 [10] after Keltbray completed clearing the Leadenhall Triangle site. This was undertaken despite there being no pre-let. The building was completed in 2024. [11]
The building varies in height by being laid in a series of vertical slices ranging from 7 to 34 storeys at the Leadenhall Street end. [3]
Acrisure RE (8-9), Ark Syndicate Management (11), Chubb (mezzanine,3-4,7), Huckletree (1-2), Kirkland & Ellis (15-34), McGill (13-14), NKSJ/Sompo Japan (4-6,12), Shawbrook Bank (10). [11]