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<\/p>\nCanary Wharf Group and Qatar Investment Authority have submitted plans to overhaul HSBC\u2019s iconic HQ at 8 Canada Square.<\/p>\n
According to documents filed with Tower Hamlets Council, the upper floors of the 45-storey tower will be reshaped once the bank leaves to create landscaped terraces and a public rooftop.<\/p>\n
The redevelopment means the block, which HSBC moved into 25 years ago, will be carved up into offices, retail space, restaurants and a 181-room hotel.<\/p>\n
<\/p>\n
\u00a9 Canary Wharf Group\/KPF<\/p>\n
When HSBC first announced it would leave the tower in 2023, the future looked bleak for the financial district<\/a>, with Moody\u2019s, the rating agency, and law firm Clifford Chance also choosing to leave the Docklands.<\/p>\n More recently, however, JPMorgan has announced plans to build \u201cLondon\u2019s biggest office\u201d in Canary Wharf<\/a>, with the new European HQ housing 12,000 staff and creating almost 8,000 jobs, while Visa, the financial payments group, has signed a 15-year lease at One Canada Square.<\/p>\n HSBC will move to a smaller headquarters near St Paul\u2019s Cathedral in the City of London, which had previously been the home of telecoms group BT. In August last year, however, the bank also signed a 15-year lease at 40 Bank Street in the Docklands owing to a shortage of space at the new HQ.<\/p>\n More to follow<\/p>\n Was this article helpful?<\/p>\n NoSomewhatYes<\/p>\n Not at allSomewhatVery Insightful<\/p>\n Thank you for your feedback!<\/p>\n Your feedback will help us improve our article content.<\/p>\n Read more about:\u00a0\u00a0UK<\/a>, Banking markets<\/a>, World<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Canary Wharf Group and Qatar Investment Authority have submitted plans to overhaul HSBC\u2019s iconic HQ at 8 Canada…\n","protected":false},"author":2,"featured_media":103380,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[20667],"tags":[13173,9881,5,343],"class_list":["post-103379","post","type-post","status-publish","format-standard","has-post-thumbnail","category-hsbc","tag-banking-markets","tag-hsbc","tag-uk","tag-world"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@UnitedKingdom\/117093311804935189","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/103379","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/comments?post=103379"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/103379\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media\/103380"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media?parent=103379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/categories?post=103379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/tags?post=103379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}