Wall Place will consist of two buildings, 121 London Wall Place and 123 London Wall Place, in the Barbican in the City of London and was designed by architects Make and will be developed by Hammerson.
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The project was a controversial one, with many residents of the Barbican being set against the scheme. More than 130 letters of disapproval were sent by residents concerned about the impact to the area the scheme would have.
According to Hammerson, 121 London Wall Place, to be situated next to Moor House, will offer large floor plates and landscaped multi-level roof gardens. It will have 300,000 square feet of office space.
To the west will be 123 London Wall Place, which will have 16 storeys and provide 195,000 square feet of office space.
Hammerson Managing Director, London group, Martin Jepson stated: “There has been overwhelming recognition from City of London members of the scheme’s quality, and this is a result of our commitment to constantly evolving the design and challenging traditional preconceptions of both the site and occupiers’ needs.
“This is a prime location, where we could achieve completion in 2014, ready for full occupation in 2015. We expect London Wall Place to become a well-known City landmark.”
Ian Lomas, partner at Make, said that the scheme “balances the needs of Barbican residents with the reinvigoration of the City.”
Much of the site will consist of open space, and there will be gardens around the London Wall and St Alphage Church Tower. The high-walk system will also be kept, and new connecting bridges will be built.
Hammerson is aiming to have the project completed by 2014.
Editor’s notes: After the publication of this article in July 2011, Hammerson sold the 2-acre site to Brookfield Properties and Oxford Properties.
Make were retained as the architects of Wall Place and created 500,000 square feet of premium office space as well as 35,000 square feet of roof terraces. The scheme was completed in 2018 and won the RIBA London Award in 2019.
1 London Wall Place became the London headquarters for global asset manager Schroders, where it rents 310,000 square feet.
In September 2010, Schroders had been considering the doomed Pinnacle Tower development as a London headquarters. That scheme went on to become 22 Bishopsgate, aka TwentyTwo.
As of May 2026, 1 London Wall Place, London, EC2Y 5AU was listed as Schroders’ global headquarters.
Also in May 2026, it was announced that LaSalle Investment Management had been granted planning permission for the 1 million-square-foot redevelopment of 1 Silk Street.
Lipton Rogers submitted the plans on behalf of LaSalle for the scheme, which, like Wall Place, sits in close proximity to the Barbican.
The original plans were revised to lower the height of one of the two towers by three storeys and cut the office space by 5 per cent following more than 1,000 objections during consultation, and the new plans were submitted by Lipton Rogers on behalf of LaSalle, with LaSalle agreeing to purchase the site if the application was approved.
LaSalle advised that, even with the reduction in office space, the scheme would address a critical shortage of prime office space in the City, and the redevelopment would contribute around 7.5 per cent of the minimum Grade A office space that the City of London needs by 2040.
The approved plans included circa 969,000 square feet of Grade A office space, approximately 14,000 square feet of retail, service and restaurant space, a new public plaza, creating a welcoming arrival space at the Barbican Centre’s main entrance, and a new pedestrian arcade linking Moorgate and Liverpool Street directly to the Barbican.
1 Silk Street would also deliver an expanded, new home for the Guildhall School of Music & Drama on completion, which was scheduled for 2032, following building vacation and demolition preparations.