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City of London to create new homes from offices left empty by pandemic Toggle share menu
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City of London to create new homes from offices left empty by pandemic
FILE PHOTO: The City of London financial district can be seen as people walk along the south side of the River Thames, amid the coronavirus disease (COVID-19) outbreak in London, Britain, March 19, 2021. REUTERS/Henry Nicholls//File Photo
27 Apr 2021 09:36PM (Updated:
27 Apr 2021 09:40PM) Share this content
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LONDON: Offices in London s City finance district left empty by the pandemic will be transformed into at least 1,500 new homes by the end of the decade, the City of London Corporation said Tuesday (Apr 27).
City of London lays out vision of tech-friendly, cultural Square Mile in Covid recovery plans msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
City of London to convert offices into homes in post-Covid revamp
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The City of London is planning to convert empty offices into housing in a bid to revive the area after the Covid crisis.
The City of London Corporation, which looks after the Square Mile, is aiming for at least 1,500 new homes by 2030.
Its policy chair said firms had told them their operations will change to accommodate flexible working.
Current government guidance says people in England should work from home if possible.
During the pandemic, many city centre areas have been left deserted as workers stayed at home to reduce the risk of transmitting the virus.
London’s Financial District to Convert Empty Offices Into New Homes
The City of London, the British capital’s financial district, will convert empty offices into new homes as part of its plan to adapt to the new reality under the CCP (Chinese Communist Party) virus pandemic.
The City of London Corporation, the district’s governing body, said it will work with the property industry to “explore new ways to use vacant space and aim for at least 1,500 new residential units by 2030.”
Our action plan for the City will ensure the Square Mile is the world’s most inclusive, innovative, and sustainable business ecosystem, an attractive place in which to invest, work, live, and visit. #SquareMileFutureCity