40 Leadenhall Street

{{Short description|Building in the City of London}}

{{Use dmy dates|date=February 2025}}

{{Use British English|date=February 2025}}

{{Infobox building

| name = 40 Leadenhall Street

| status = Complete

| image = 40 Leadenhall Street 2023.jpg

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| caption = 40 Leadenhall Street in September 2023

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| cost = £875 million (estimate)

| client = Henderson Global Investors

| owner =

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| location =

| address = 40 Leadenhall Street

| location_town = London, {{postcode|EC|3}}

| location_country = United Kingdom

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| start_date = 2020

| completion_date = 2024

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| height = {{cvt|155|m}}
({{cvt|170|m}} AOD)

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| floor_count = 35

| floor_area = Offices: {{cvt|890000|sqft|m2|-2}}
Retail: {{cvt|20,000|sqft|m2|-2}}

| architecture_firm = Make Architects

| website = {{URL|https://40leadenhall.london/}}

}}

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.

Site ownership and location

The development site, known as the Leadenhall Triangle, was purchased by Henderson Global Investors in June 2011 for around £190 million.

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.

History

=Planning=

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 {{cvt|170|m}} (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. The listed building at 19–21 Billiter Street was retained whilst all other existing properties on the site were demolished.

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.

=Construction=

Following Brexit, the developer announced that construction would only go ahead when a sufficient amount of office space had been pre-let.{{cite web|last=Dransfield|first=Louise|title=Make's £400m Gotham City tower is paused amid Brexit uncertainty|url=http://www.bdonline.co.uk/makes-%C2%A3400m-gotham-city-tower-is-paused-amid-brexit-uncertainty/5082534.article|website=Building Design|access-date=21 July 2016}}

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{{cite web |date=12 July 2020 |title=Piling commences at 40 Leadenhall Street in the City of London |url=https://www.chelseaconstructconsult.co.uk/post/40-leadenhall-street |website=Chelsea Construction Consultancy |access-date=13 February 2025}} after Keltbray completed clearing the Leadenhall Triangle site. This was undertaken despite there being no pre-let. The building was completed in 2024.{{cite web |last=Norman |first=Paul |date=21 March 2024 |title=M&G Closes in On Full Occupancy at 40 Leadenhall City Tower With Double Letting |url=https://www.costar.com/article/1758743927/mg-closes-in-on-full-occupancy-at-40-leadenhall-city-tower-with-double-letting |website=CoStar |access-date=13 February 2025}}

Design

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.

Tenants (floor/s)

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)https://www.costar.com/article/1758743927/mg-closes-in-on-full-occupancy-at-40-leadenhall-city-tower-with-double-letting

Gallery

File:40 Leadenhall Street Construction.jpg|The construction site in August 2021

File:40 Leadenhall Street Concrete Structure.jpg|Construction of the concrete structure in August 2021

File:40 Leadenhall Street.jpg|40 Leadenhall Street in July 2023

File:40 Leadenhall Street 2023.jpg|40 Leadenhall Street in September 2023

References

{{reflist|refs=

{{cite web |url=http://www.planning2.cityoflondon.gov.uk/online-applications/ |title=City of London - Planning Applications |publisher=City of London |at=13/01004/FULEIA |access-date=7 November 2013}}

{{cite web |url=http://www.planning2.cityoflondon.gov.uk/online-applications/ |title=City of London - Planning Applications |publisher=City of London |at=13/01004/FULEIA "South Elevation" |access-date=8 November 2013}}

{{cite web |url=http://www.architectsjournal.co.uk/news/daily-news/revealed-first-images-of-makes-leadenhall-high-rise-scheme/8653141.article |title=Revealed: first images of Make's Leadenhall high-rise scheme |author=Richard Waite |publisher=Architects Journal |date=17 September 2013 |access-date=8 November 2013}}

{{cite web |url=http://www.cityam.com/article/leadenhall-triangle-sale-completed |title=Leadenhall Triangle sale completed |publisher=City AM |date=22 June 2011 |access-date=7 November 2013}}

{{cite web |url=http://www.bdonline.co.uk/make-submits-34-storey-city-tower-plans/5062773.article |title=Make submits 34-storey City tower plans |author=Mark Wilding |publisher=Building Design |date=30 October 2013 |access-date=8 November 2013}}

{{cite web |url=http://www.henderson.com/sites/henderson/media_centre/PostDetail.aspx?xpid=6964 |title=Henderson Global Investors launches plans for new office building at 40 Leadenhall Street |publisher=Henderson Global Investors |date=17 September 2013 |access-date=8 November 2013}}

{{cite web |url=https://democracy.cityoflondon.gov.uk/ieListDocuments.aspx?CId=143&MID=15152#AI24388 |title=Planning and Transportation Committee - Minutes 25 February 2014 |publisher=City of London Corporation |at=Item 5a and 5b|date=25 February 2014 |access-date=12 March 2014}}

{{cite web |url=http://www.makearchitects.com/media/news-and-events/140225-leadenhall-planning/ |title=City resolves to grant planning permission for 40 Leadenhall Street |publisher=Make |date=25 February 2014 |access-date=12 March 2013 |archive-url=https://web.archive.org/web/20140705044102/http://makearchitects.com/media/news-and-events/140225-leadenhall-planning/ |archive-date=5 July 2014 |url-status=dead}}

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