Bank tube station's upgrade includes a new entrance on Cannon Street with an eight-storey office block planned on top, for which construction has commenced. This follows the demolition of a 1970s office to facilitate the project. The joint venture between Helical and TfL's Places for London secured £125 million in development financing and contracted McLaren for the construction, set for completion in December 2026. The office aims to achieve top ESG ratings and will provide significant employment opportunities during its construction phase.
Our investment alongside HSBC and Helical in this best-in-class workspace is a key part of our wider strategy to grow long-term income for Transport for London.
The office development is by TfL and AspireDM, with Weston Williamson + Partners as architects and aims to deliver high ESG credentials.
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