City of London Corporation: City office floorspace surges as developers back the Square Mile’s future

09 Mar 2021

Commenting on the recent surge in planning applications for new office developments in a press release from the City of London Corporation, CPA Chair Dan Scanlon (Senior Vice President – Developments at Brookfield Properties) said: 

“Even before the pandemic, the City was undergoing a transformation with a rapidly expanding cultural, retail and leisure offer, alongside enhanced open and green spaces for people to relax in and enjoy.

“The Square Mile has evolved from a purely financial centre to a much more diverse and global business eco-system, with creativity, innovation and technology at its heart. It is these attributes, coupled with the City of London Corporation’s ambition and investment to accelerate and deliver meaningful change, which is driving investor confidence in the City’s post-pandemic renaissance.

“Companies big and small need to attract talent to remain competitive, and the City will remain the place for people to meet, converse and collaborate.”

Read coverage of the press release in CityAM here.

Read the full press release