Hoi Hup Realty secures go-ahead for High Holborn redevelopment

Singapore-based property developer Hoi Hup Realty has received the green light from the City of London Corporation for ‘High Holborn’, a major office-led redevelopment project, according to a June 18 release. 

The project focuses on the regeneration of a 1.4-acre island site comprising three buildings at 322 High Holborn, Holborn Gate and 44 Southampton Buildings.

This significant undertaking follows four years of assembly by Hoi Hup, achieved through a series of strategic acquisitions that brought together approximately 250,000 sq ft of office space.

The redevelopment, led by construction and property consultancy Gleeds, Make Architects, leasing advisors Savills and planning consultants Newmark, is expected to deliver over 370,000 sq ft of new Grade A workspace. Designed for modern occupiers, the building is also set to include a new cultural venue, the ‘Holborn Dome’, as well as a public pocket park at Southampton Buildings and enhanced ground-floor amenities and permeability. 

The revitalised site will also feature flexible floorplates, wellness spaces and terraces. The development is targeting BREEAM ‘Outstanding’ and EPC ‘A’ ratings, following the deployment of smart systems and low-carbon materials throughout the site. 

The scheme will take place at a location adjacent to Chancery Lane underground station and will be within minutes of Farringdon Station and the Elizabeth Line.  Hoi Hup says the scheme is set to be the “western gateway for future development” and will be one of the most significant new office consents in the Square Mile. 

Wong Swee Chun, chairman of Hoi Hup Realty, says: “This milestone is the result of extensive consultation and collaboration, and we’re incredibly grateful to the City of London Corporation for enabling our maiden scheme to take this positive step forward today.”

“This is exactly the kind of scheme we want to see more of in the Square Mile — best-in-class office space that keeps London globally competitive while also delivering public spaces that everyone can enjoy,” adds Tom Sleigh, chairman of the City of London Planning and Transportation Committee.