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British Land Co PLC on Friday said it will transform Euston Tower in central London into ‘premium’ workspace after receiving planning approval. The London-based property developer said it received planning approval for the redevelopment of the tower, which is near the Euston rail station. The company plans to deliver a new workspace, with the 31-storey tower comprising 19,000 square feet of floor plates and 360-degree views across central London. In total, there will be 560,000 square feet of ‘premium’ workspace and public realm at Regent’s Place campus, British Land said. David Lockyer, head of Development at British Land, said: ‘We are delighted to receive planning consent for this incredible scheme the first West End tower in a generation, and likely to be the last. This world-class building will provide the space for the UK‘s greatest minds to turn research into real-world solutions. The tower is ideally located at our Regent’s Place campus, where the Knowledge Quarter meets the West End, and where businesses can benefit from the great concentration of academic and research institutions between Harley Street and King’s Cross.’ British Land is set to be demoted to the FTSE 250 index from the FTSE 100 on Monday as part of the quarterly index review. The stock was down 0.1% at 365.80 pence on Friday morning in London. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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