Post-pandemic action plan unveiled for London’s Square Mile
The number of people living in the City of London will increase by around 20% by the end of the decade after plans were revealed to convert empty office space into new homes.
As of March last year there were about 7,850 residences in the Square Mile, but the City of London Corporation wants to create at least 1,500 new residential units by 2030 as a way to use vacant space.
New homes are not the only part of the City’s post-pandemic action plan. There are also proposals to “boost its cultural and creative industries” and “focus on digital infrastructure”, the Financial Times reports.
Corona-Live-Ticker: Lauterbach warnt vor zu großen Hoffnungen auf Herdenimmunität
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London to create new homes from empty offices
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City Corporation unveils action plan to be world’s most innovative, inclusive and sustainable centre What is city talk?
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The Square Mile must adapt to post-pandemic economic and social trends in order to remain a world-leading ecosystem, according to a new report published today by the City of London Corporation.
The Square Mile: Future City, produced by the City Corporation’s Recovery Taskforce inpartnership with Oliver Wyman, sets out a vision for the next five years with detailed actions to enhance the City’s competitiveness and attractiveness.
The Recovery Taskforce’s mission is to ensure the Square Mile is the world’s most innovative, inclusive and sustainable business ecosystem as well as an attractive place to work, live, learn and visit.