City of London plans to create 1,500 homes from empty offices
Cultural and creative businesses to be encouraged to take up residence as Square Mile adapts to new ways of working
The City of London is planning to create at least 1,500 new homes by repurposing offices and other buildings left empty because of the pandemic, as it adapts the capital’s financial district for the future following Covid-19.
Cultural and creative businesses and organisations, previously priced out of the area by high rents, will be encouraged to the ancient heart of London through low-cost, long-term lets in vacant and little-used spaces.
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